A corporation and an LLC both offer liability protection to owners, but only a corporation can be registered as a brokerage.
A corporation is a business structure that provides protection from liability to individual owners, as the company is legally seen as its own entity. In contrast, a Limited Liability Company (LLC) also offers liability protection to its members. However, not all LLCs may be registered as a brokerage, while a corporation can be registered as a brokerage.
https://brainly.com/question/30156415