A limited liability company (LLC)formed in one state but doing business in another state is referred to in the second state as a foreign LLC.
Correct Answer:
Verified
Q4: Some states provide that in the absence
Q5: State limited liability company statutes are uniform.
Q6: Foreign investors are not allowed to become
Q7: A joint venture resembles a partnership but
Q8: In many states,an operating agreement is not
Q10: The liability of the members of a
Q11: Normally,a dissociated member of an limited liability
Q12: A limited liability company as an entity
Q13: Most limited liability company statutes have no
Q14: A limited liability company must be managed
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