A limited liability company llc is the united states of america specific form of a private limited company it is a business structure that combines the . A limited liability company llc is a corporate structure whereby the company members cannot be held personally liable for the companys debts or liabilities. Limited liability company a noncorporate business whose owners actively participate in the organizations management and are protected against personal . The limited liability company llc a hybrid of the partnership and the corporation has become a popular legal alternative for business owners now
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