All of the following statements about the Uniform Limited Liability Company Act are correct except
A) It is a model statute designed to promote uniformity among the states.
B) Its application varies greatly from state to state.
C) It was created by federal statute.
D) It is the early version of LLC formation and organization law.
Correct Answer:
Verified
Q3: LLC laws define dissolution of an LLC
Q4: LLCs are frequently governed by an agreement
Q5: LLCs were originally created by the Wyoming
Q6: All of the following are characteristics of
Q7: Frances wants to start a new small
Q9: After the ULLCA was created, some states
Q10: All of the following statements about the
Q11: The main goal of both the ULLCA
Q12: Evan wishes to start an LLC that
Q13: All of the following are generally required
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