1. An LLC offers personal liability protection while also keeping the advantage of _______

A) double taxation
B) automatic trademarking
C) hierarchical organization
D) pass-through taxation

is the answer D?

yes.

Yes, the answer is D) pass-through taxation. To arrive at this answer, we need to understand the benefits offered by an LLC (Limited Liability Company) and the characteristics of pass-through taxation.

An LLC provides personal liability protection to its owners, meaning their personal assets generally cannot be used to satisfy the company's debts or obligations. This is a key advantage of forming an LLC.

Next, we need to determine the aspect that an LLC retains while offering personal liability protection. In this case, the correct option is pass-through taxation. Unlike corporations that are subject to double taxation, where both the company's profits and the individual shareholders' dividends are taxed separately, an LLC's profits "pass-through" to the owners' personal tax returns. This means that the LLC itself does not pay taxes, and instead, each owner reports their share of the profits and pays taxes on that amount individually.

Therefore, the answer is D) pass-through taxation, which allows an LLC to offer personal liability protection while also avoiding the disadvantage of double taxation.

Yes, the answer is D) pass-through taxation. An LLC (Limited Liability Company) offers personal liability protection to its owners, but it also has the advantage of pass-through taxation. This means that the profits and losses of the LLC "pass through" to the owners' personal tax returns, and the business itself is not taxed separately.