Marc and Sonia were the only members of the MS Limited Liability Company.Marc then sold all his rights in the LLC to Gertrude.As a result:
A) Gertrude becomes a member of the LLC.
B) Gertrude gains the right to receive Marc's share of distributions.
C) Marc ceases to be a member of the LLC.
D) the LLC becomes a sole proprietorship of Sonia.
Correct Answer:
Verified
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