The assets of a limited liability company are owned by the
A) designated member.
B) limited liability company itself.
C) limited liability company managers.
D) imited liability company members.
Correct Answer:
Verified
Q6: Both limited liability companies and partner- ships
A)
Q7: An individual may become a member of
Q8: The managers of a limited liability company
Q9: Most limited liability companies are not subject
Q10: Limited liability companies in most states are
Q12: Members of a manager-managed limited liabil- ity
Q13: Consent of all members of the limited
Q14: All members of a limited liability company
Q15: A limited liability company must have three
Q16: The main source of limited liability company
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