Assignment task:
When Jerome started his computer repair service, he was the only owner. As his business picked up, he soon realized he would need to expand his operations. Luckily, he was able to bring on additional owners who were willing to invest in the company and help him create a long-term growth strategy. Which benefit of forming a limited liability company (LLC) does this describe? Simplicity and flexibility in management and operations Limited liability Flexible ownership Tax pass-through