Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. true faise if a limited lability company (llc) doe

True Faise If a limited lability company (LLC) does not keep munutes of the companys...

70.2K

Verified Solution

Question

Accounting

image
image
image
image
image
image
image
True Faise If a limited lability company (LLC) does not keep munutes of the companys meetngs, the members beconve personaly lintie far ithe LLCs cetis. True False provisions of the Rervised Uniform Lmited Labilify Combany Act aspily? A. A member who invests forty (40) percent of the cagatal recevers hawily (20) percent of the predif B. A member who invests thity (30) percent of the capitai receives thuity (30) percest of the prott C. All members receive equal shares of the profs regardless ct the capdal controused D. A member who invests ten (10) percent of the capital must besar tan (10) geiceot of the fosses When federal antitrust laws are applied loosely, plaintiffs often bring lawsuits under state antitrust laws. A. True B. False One of the powers of shareholders is their right to elect the board of directors. A. True B. False A. True B. Fatse Limited liability partners in an LLP can lose no more than their capital contribution if the partnership fails. A. True B. False

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students