Homer's Remodeling,LLC,is a limited liability company.Among the mem-bers,a dispute arises that their operating agreement does not cover.No statute applies.The dispute is governed by the principles of

Question

Quizplus · Accepted Answer

In the absence of specific statutes or provisions in the operating agreement, disputes in an LLC are often governed by partnership law principles, as LLCs share similarities with partnerships in terms of management and operation.

Homer's Remodeling,LLC,is a Limited Liability Company