Limited Liability Company Discussion v Who are the owners of a Limited Liability Company? What are they called? Do the owners of an. LLC have any financial concerns if the business fails and creditors find that business assets are insufficient to pay off all known busine's debt? Are the owners (members) of a Limited Liability Company allowed to participa' actively In Management of the busmess\" explain what they can or cannot doH' the LLC subject to FedEral Income Taxation? explain Are State Laws that govern the conduct oF the LLC Similar to each other? Why why not? ;_ _, ' 5