Question
In a member-managed LLC, each member has the right to ________. A. act as a general partner B. purchase the shares of the other managers
In a member-managed LLC, each member has the right to ________.
A. act as a general partner
B. purchase the shares of the other managers
C. sign contracts on behalf of the LLC
D. sell its stock in the company
E. nothing; only the manager can sign a contract
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
