Joint venturers have the authority to enter into contracts for the business that will bind the joint venture.
Correct Answer:
Verified
Q3: The alter-ego doctrine can be applied to
Q4: For federal income tax purposes,one-member limited liability
Q5: Limited liability companies (LLCs)are governed by a
Q6: Generally,a dissociated member of a limited liability
Q7: The owners of a limited liability company
Q9: Most limited liability company statutes specify how
Q10: A cooperative must be incorporated.
Q11: Most courts apply the same principles to
Q12: A limited liability company must be managed
Q13: Unless a limited liability company indicates otherwise,
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