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Which of the Following Is True About Managers of a Manager-Managed

Question 57

Multiple Choice

Which of the following is true about managers of a manager-managed LLC?


A) All manager decisions must be approved by a majority vote of the members of the LLC.
B) Decisions must be made by unanimous consent of the managers.
C) The managers have the power to amend the operating agreement.
D) Admitting new members can be done by the managers.
E) Each manager has an equal right in the management of the company's business.

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