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Haley and Gina were partners in a limited liability corporation ( LLC ) . The LLC became insolvent, it was unable to pay off its

Haley and Gina were partners in a limited liability corporation (LLC). The LLC became insolvent, it was unable to pay off its debts. There was $100,000 left in the LLC in cash assets and Haley and Gina immediately transferred $50,000 each to their husbands. This is known as a/an
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deficit distribution.
improper distribution.
personal transfer.
familial distribution.
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