________ is a duty owed by a member of an LLC (limited liability company)to not act adversely to the interests of the LLC.

Question

Quizplus · Accepted Answer

The duty described in the question is the duty of loyalty, which requires members of an LLC to act in good faith and not engage in self-dealing or act adverse to the interests of the LLC. Duty of discharge pertains to the responsibilities of directors or officers of a corporation, duty of restitution pertains to the return or compensation for a loss or damage caused, and duty of resolution is not a legal term associated with LLCs.

________ Is a Duty Owed by a Member of an LLC