A limited liability company can be either a member-managed LLC or a manager-managed LLC.
Correct Answer:
Verified
Q38: Under the ULLCA,the articles of organization of
Q39: The existence of a limited liability company
Q40: Under the ULLCA,the articles of organization of
Q41: A limited liability company is "manager-managed," unless
Q42: Owners of limited liability companies are said
Q44: Under the Uniform Limited Liability Company Act,the
Q45: In a "member-managed" limited liability company,management power
Q46: Each member of a member managed limited
Q47: Unless otherwise provided in the operating agreement,a
Q48: A member's ownership interest in a limited
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents