In a limited liability company, members do not have to participate in its manage?ment.
Correct Answer:
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Q10: A limited liability company is a legal
Q11: A limited liability company must be formed
Q12: Most limited liability company (LLC) statutes provide
Q13: For federal income tax purposes, a limited
Q14: In a limited liability company, members cannot
Q16: A limited liability company offers the limited
Q17: The dissociation of a mem?ber of a
Q18: Forming a limited liability company requires filing
Q19: A limited liability company cannot be taxed
Q20: An operating agreement for a limited liability
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