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The choice of establishing a member-managed or manager-managed limited liability corporation (LLC) is Multiple Choice a matter of confidential information only available to LLC members.
The choice of establishing a member-managed or manager-managed limited liability corporation (LLC) is
Multiple Choice
- a matter of confidential information only available to LLC members.
- typically mandated by state law with no discretion for members of the LLC as to its terms.
- generally made on a public filing and available for third parties to view.
- Mandated by federal law governing LLCs.
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The Legal Environment Of Business Text And Cases
Authors: Frank B. Cross, Roger LeRoy Miller
9th Edition
1285428943, 9781305142947, 1305142942, 978-1285428949
