What is the process that allows limited liability companies to do business in states other than the state in which they were formed?

A) Cooperation
B) Qualification
C) Venturing
D) Syndication
E) Distribution

Limited Liability Companies

An organizational model that merges the direct tax benefits seen in partnerships or sole proprietorship with the benefit of reduced personal liability found in a corporation.

Qualification

The attributes, knowledge, or skills required to perform a particular job or activity, or the act of meeting such criteria.

States

Politically organized bodies of people under a single government, often referring to the constituent entities that make up a federal union, such as in the United States.