The Limited Liability Company: An Analysis
Abstract
In recent years, businesses in many states have been given the opportunity to select a new form in which to conduct business called the limited liability company. This form provides the advantage of the personal liability protection of a corporation, while being taxed as a partnership. If most states create the limited liability company and current issues of uncertainty are favorably resolved, the limited liability company should become the most advantageous business form for most small and medium sized businesses.
Keywords
Citation
Wells, W. and Yoshimoto, G. (1993), "The Limited Liability Company: An Analysis", American Journal of Business, Vol. 8 No. 2, pp. 37-44. https://doi.org/10.1108/19355181199300015
Publisher
:MCB UP Ltd
Copyright © 1993, MCB UP Limited