Question
Tim is considering forms of business organizations for Tim's Designs, an architectural firm. An advantage of an LLCis that members may be able to avoid
Tim is considering forms of business organizations for Tim's Designs, an architectural firm. An advantage of an LLCis that members may be able to avoid personal liability for:
a.) only LLC obligations that exceed capital contributions.
b.) only LLC obligations that fall within capital contributions.
c.) any LLC obligation.
d.) only other member's wrongdoing.
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Dynamic Business Law The Essentials
Authors: Nancy Kubasek, Neil Browne, Daniel Herron
2nd edition
978-0077630430, 77630432, 73524972, 978-0073524979
