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Old 01-05-2001, 01:29 PM   #2
Moxie
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Join Date: Aug 2000
Location: Plymouth, MI
Posts: 254
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Limited Liability Corporation.

It's like 'Inc.' stands for Incorporated. LLC is typically used by small businesses (including mine), because it grants more favorable tax status, among other things. If a company reaches a certain size, they are required by federal law to switch from LLC to Inc.

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