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Barry, Nellie and David form a member-managed LLC called Shoetastic, LLC that is engaged in the business of selling shoes. Nellie secretly starts a competing shoe business. Nellie has likely violated the: Duty of care She has not violated any duty because members do not owe duties to the LLC. Duty of loyalty Business judgment rule Question 5 ( 2.5 points) Typically, preferred stockholders receive payments before common stockholders. True False Question 6 ( 2.5 points) Susan discovers a new scientific principle that relates to the law of gravity. She wants to patent this law of nature that she has discovered. Susan will not be successful in obtaining a patent because: the fixation requirement has not been satisfied she has violated the duty of care she did not engage in reasonable secrecy precautions a law of nature is not patentable subject matter