Teaching BPSC 4.0 बिहार उच्च माध्यमिक शिक्षक भर्ती (PGT) Mock Test Business Studies Foundation of Business Business organizations
Which of the following is not correct about Limited Liability Company (LLC)?
1
A limited liability company consists of one or more members/owners who actively manage the business of the limited liability company.
2
Members and owners of LLC are not protected from being held personally liable for the operations and debts of the business.
3
The members/owners in such a business enjoy limited liability, similar to that of a shareholder in a corporation.
4
More than one of the above
5
None of the above