Who is liable for the acts of the managers of the LLC?

A.The members of the LLC

B.Only the LLC itself

C.The organizers of the LLC

D.The incorporators of the LLC

What is the term for an agreement that makes the shareholder sell his shares back to the corporation at a price determined in the agreement and binds the corporation to purchase the shares?

A.Buy and sell agreement

B.Fiduciary agreement

C.International agent agreement

D.Option agreement