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Start-Ups, LLC, Is a Limited Liability Company Without a Written

Question 41

Multiple Choice

Start-Ups, LLC, is a limited liability company without a written operating agreement. Among the members, a dispute arises concerning the division of profits. Under most LLC statutes, the profits will be


A) ​distributed according to members' proportionate ownership in the firm.
B) ​divided equally among the members.
C) ​forfeited to the state.
D) ​reinvested in the business until the dispute is resolved.

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