Explain how the llc overcomes these weaknesses

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Reference no: EM131970383

The Limited Liability Company (LLC) is a hybrid entity form that was created to address some weaknesses in the basic entity types. In this discussion forum, you are to:

Discuss the potential problems for businesses from the weaknesses.

Explain how the LLC overcomes these weaknesses.

Address a weakness or problem with the LLC hybrid entity from the scholarly literature.

Reference no: EM131970383

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