Respuesta :
LLC's are considered to have operational flexibility because while they must submit articles of organization, they are not required to distribute profits or keep meeting minutes.
What Is an LLC?
- An LLC, or indebtedness Company, combines the simplest parts of corporations, sole proprietorships, and partnerships into one business entity offering owners flexible management structure, certain tax advantages and liability protection.
- An LLC may be a type of business entity that can have one or more owners, mentioned as "members."
- LLC members typically participate equally within the management of the business unless they elect an alternative management structure called "manager management."
- All LLC owners are protected from personal liability for claims and business debts, this is an important feature of LLCs called "limited liability". This suggests that if the business itself can't pay a creditor—such as a supplier, a lender, or a landlord—the creditor cannot legally come after an LLC member's car, house or other personal possessions. Because only LLC assets are wont to pay off business debts, LLC owners stand to lose only the cash that they've invested in the LLC.
To learn more about LLC: https://brainly.com/question/15181909
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