If the members of a limited liability company do not stipulate in their operating agreement how voting rights will be apportioned, in most states, only the member-managers will be entitled to vote.
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Q18: Like a sole proprietorship or a partnership,
Q19: When a member of a limited liability
Q20: Unlike a sole proprietorship or a partnership,
Q21: Grape Vineyards LLC, the members of which
Q22: In a joint stock company, the shareholders
Q24: Like a partner in a partnership, the
Q25: Like partners, unless otherwise agreed, joint venturers
Q26: The beneficiaries of a business trust are
Q27: Because the activities of a partnership are
Q28: If a member of a limited liability
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