A _____ is a business form intended to combine the nontax advantages of corporations with the favorable tax treatment of partnerships.

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20-02-2020
Business

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A _____ is a business form intended to combine the nontax advantages of corporations with the favorable tax treatment of partnerships.

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agustinsr99 agustinsr99 · Answer 1 · 2020-02-21T03:10:57+01:00

Answer: The correct answer is "Limited liability company".

Explanation: A Limited liability company is a business form intended to combine the nontax advantages of corporations with the favorable tax treatment of partnerships.

Generally, the commercial figure of the limited liability company is used when the objective is to obtain the advantages of both the corporations and the companies since the former have multiple advantages, although not taxable, and the latter have a much more favorable tax treatment.