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Question
Accounting Applications, LLC, is a limited liability company. Unless indicated otherwise on Accounting's federal tax form, the firm will be taxed asa. a corporation.
b. a partnership.
c. a sole proprietorship.
d. a syndicate.
Answer
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Related questions
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Fact Pattern 41-1
Adam, a director of Beta Computer Company, learns that a Beta engineer has developed a new, significantly faster computer chip. Adam buys Beta stock and tells his friend Cathy, who also buys Beta stock. When the new chip is announced three weeks later, Adam and Cathy sell their stock for a big profit.
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Fact Pattern 41-1
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Private parties cannot sue violators of Section 10(b) and Rule 10b-5.
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