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Which of the following is a correct statement with regard to members and managers in a LLC ? A . Members are owners and Managers
Which of the following is a correct statement with regard to members and managers in a LLC
A Members are owners and Managers operate the business and
Members and Managers share in the profits equally.
b Members are owners and Managers operate the business and Members cannot also be Managers.
C Members are owners and Managers operate the business so both have vicarious liability.
D Members are owners and Managers operate the business and
Members can also be Managers.
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