Where a member's disassociation from an LLC is not wrongful,the LLC must purchase the member's distributional interest.
Correct Answer:
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Q21: If a member disassociates him or herself
Q22: An LLC may only be member-managed.
Q23: A party may usurp an LLC's business
Q24: At the conclusion of a term LLC's
Q25: Where a disassociating member of an LLC
Q27: A member has the power to withdraw
Q28: A non-manager member of an LLC is
Q29: The authority for the formation of LLCs
Q30: Non-manager members in a manager-managed LLC can
Q31: In a member-managed LLC,all members have agency
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