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Question 47 Which of the following is true of a member-managed LLC? Shareholders are not allowed to decide matters relating to the business of the LLC. Any matter relating to the business of the LLC is decided by a unanimous vote of the members. O The member with the highest capital contribution becomes the de facto manager of the LLC. O Each member has some voice in the management of the business of the LLC.Question 48 A limited partnership can have no more than 100 limited partners O True O FalseQuestion 58 '1' ___ is a situation in which an agent breaches his/her duciaryr duty by doing something during the course of his or her employment to further his or her own interests rather than the Principal's. Self-dealing 0 Being in the scope of agency 0 Dualpurpose mission 0 Coming and goin_ Question 60 Under the law of contracts, a promise lacks consideration if a person promises to perform an act or do something he or she is already under an obligation to do. This is called a(n) O preexisting duty O gift promise O illusory promise O illegal consideration