Sole proprietorships, S-type corporations, and LLCs are similar in that they

A) ​can sell stock on a limited basis
B) ​limited liability
C) ​are taxed at personal tax rates
D) ​they are not similar at all

LLCs

Limited Liability Companies, a business structure in the United States that offers personal liability protection and flexibility in management and taxation to its members.

S-Type Corporations

S Corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes.

Personal Tax Rates

The percentage at which an individual is taxed on their income, which varies according to income levels and jurisdictions.