Which of the following is true of the Uniform Limited Liability Company Act?
A) It provides comprehensive laws for the formation of corporations.
B) It provides uniform laws for the dissolution of limited liability companies.
C) It is a state law that is uniform across the United States.
D) It governs the operation of proprietorships and LLPs.
Correct Answer:
Verified
Q64: The United States does not permit an
Q65: The manager does not owe a duty
Q66: Distinguish between a member-managed and a manager-managed
Q67: Which of the following methods are used
Q67: The duty of care for managers and
Q68: The owner of an LLC (limited liability
Q70: A member of a manager-managed LLC (limited
Q71: In a manager-managed LLC (limited liability company),it
Q72: The disassociation of a member from a
Q73: _ is a duty owed by a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents