The most important feature of Limited Liability Companies is that it provides limited liability for its members.

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter11: Investor Losses
Section: Chapter Questions
Problem 8DQ
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5. TRUE or FALSE: The most important feature of Limited Liability Companies is that it provides limited liability for its members.
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True
False
 
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