When to form an LLC

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When to form an LLC (Limited Liability Company) (Links to an external site.)Links to an external site. discusses why the LLC is one of the most popular types of business entity.  After reading the article and Chapter 30 of the textbook, compare an LLC with a C corporation and with an S corporation.  If you were operating your own business, would you choose the LLC as the organizational form for your business?  Explain your reasoning. 

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Prof Tim Wilson
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Alamy Eleanor
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