When the limited liability company (LLC) is manager managed, _____.
A) all members have actual and apparent authority to bind the LLC to contracts on its behalf
B) all member votes have equal weights
C) non-manager members also have duty of care and fiduciary duty
D) only managers have the legal authority to bind the firm
E) firm decisions that are extraordinary can be taken only by its manager members
Correct Answer:
Verified
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