Fay is a member of Garden Groves LLC. Like other members of limited liability companies, Fay's liability for Garden Groves's obligations resembles the liability of

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A member of a limited liability company (LLC) has limited liability, similar to a shareholder of a corporation. This means that the member's personal assets are generally protected from the company's obligations and debts. The other options, such as a partner in a partnership or owner of a sole proprietorship, have unlimited personal liability for the obligations and debts of the business. Therefore, the closest resemblance is to a shareholder in a corporation.

Fay Is a Member of Garden Groves LLC