The members of a limited liability company should protect their interests by creating a written operating agreement.

Name: The members of a limited liability company should protect their interests by creating a written operating agreement.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A written operating agreement helps clarify the financial and functional decisions of a business, including rules, regulations, and provisions. This document is crucial in protecting members' interests and ensuring smooth operations.

The Members of a Limited Liability Company Should Protect Their