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Which of the following is false regarding a manager - managed limited liability company ( LLC ) ? Which of the following is false regarding
Which of the following is false regarding a managermanaged limited liability company LLC Which of the following is false regarding a managermanaged limited liability company LLC The managers of a managermanaged LLC have the apparent authority to enter into contracts on behalf of the LLC The managers of a managermanaged LLC owe the LLC and its members the same fiduciary duties as the officers and directors of a corporation owe to the corporation and its shareholders. The managers of a managermanaged LLC have the actual authority to enter into contracts on behalf of the LLC In a managermanaged LLC the members select a group of managers to manage the affairs of the company. The managers of a managermanaged LLC must be selected from the members of the LLC
Which of the following is false regarding a managermanaged limited liability company LLC
Which of the following is false regarding a managermanaged limited liability company LLC
The managers of a managermanaged LLC have the apparent authority to enter into contracts on behalf of the LLC
The managers of a managermanaged LLC owe the LLC and its members the same fiduciary duties as the officers and directors of a corporation owe to the corporation and its shareholders.
The managers of a managermanaged LLC have the actual authority to enter into contracts on behalf of the LLC
In a managermanaged LLC the members select a group of managers to manage the affairs of the company.
The managers of a managermanaged LLC must be selected from the members of the LLC
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