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True Faise If a limited lability company (LLC) does not keep munutes of the companys meetngs, the members beconve personaly lintie far ithe LLCs cetis.

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True Faise If a limited lability company (LLC) does not keep munutes of the companys meetngs, the members beconve personaly lintie far ithe LLCs cetis. True False provisions of the Rervised Uniform Lmited Labilify Combany Act aspily? A. A member who invests forty (40) percent of the cagatal recevers hawily (20) percent of the predif B. A member who invests thity (30) percent of the capitai receives thuity (30) percest of the prott C. All members receive equal shares of the profs regardless ct the capdal controused D. A member who invests ten (10) percent of the capital must besar tan (10) geiceot of the fosses When federal antitrust laws are applied loosely, plaintiffs often bring lawsuits under state antitrust laws. A. True B. False One of the powers of shareholders is their right to elect the board of directors. A. True B. False A. True B. Fatse Limited liability partners in an LLP can lose no more than their capital contribution if the partnership fails. A. True B. False

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