Heinz Kirche, GmbH, is a German Gesellschat mit beschranker, or "company with limited liability." A significant difference between a GmbH and a U.S.limited liability company (LLC) is that
A) German law imposes many restrictions on the operations of GmbHs.
B) German law imposes no restrictions on the operations of GmbHs.
C) U.S.law requires an LLC to have an operating agreement.
D) U.S.law requires that an LLC be owned by shareholders.
Correct Answer:
Verified
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