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Waste Management Services, LLC, Is a Member-Managed Limited Liability Company

Question 58

Multiple Choice

Waste Management Services, LLC, is a member-managed limited liability company. If the law in Waste's state is like the law in most states, unless the members have agreed otherwise, voting rights are apportioned according to


A) capital contributions.
B) participation in management.
C) seniority.
D) transactions with the firm.

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