A member's ownership interest in an LLC is called a(n) :
A) dividend
B) capital account
C) distributional interest
D) derivative interest
Correct Answer:
Verified
Q64: Who has the right to manage an
Q65: Norm,Cliff and Sam form a limited liability
Q66: Absent an agreement,which of the following is
Q67: John is in the planning stages of
Q68: Upon the expiration of the term of
Q70: Lynda is a member of a manager-managed
Q71: If a member properly disassociates herself from
Q72: Barry,Harry,and Larry form an LLC.Barry contributes $100,000
Q73: Of the following,who owes a fiduciary duty
Q74: Mary was an architect and was one
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