Which of the following is true about an LLC?
A) The structure of management must adhere to statutory constraints.
B) Generally,each member may be allowed to participate in the management of the company
C) Members are not equally involved in the management of the company.
D) To obtain limited liability,owners must give up some of their rights to participate in management.
E) Owners are referred to as partners.
Correct Answer:
Verified
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