Which of the following is true of the liabilities of LLCs (limited liability companies) ?
A) Members of LLCs are liable to the extent of their capital contribution.
B) Managers of LLCs are personally liable for the debts, obligations, and liabilities of the LLCs.
C) LLCs are not liable for any loss or injury caused by their employees.
D) LLCs are not liable for losses caused due to negligence of their managers during the ordinary course of business.
Correct Answer:
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