Carlos is a member of an LLC along with three others.After one year,despite their best efforts,the business closes and the bank that extended them a loan sues for repayment.The bank may

Question

Quizplus · Accepted Answer

A) The nature of the LLC is that members are protected from liability absent fraud or
intentional acts and the business entity bears any liability.
D) The nature of the LLC is that members are protected from liability absent fraud or intentional acts and the business entity bears any liability.
E) The nature of the LLC is that members are protected from liability absent fraud or intentional acts and the business entity bears any liability.
F) The nature of the LLC is that members are protected from liability absent fraud or intentional acts and the business entity bears any liability.

Carlos Is a Member of an LLC Along with Three