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With regard to LLCs, forming one is easy and is done by filing with the secretary of state. The hard part, is creating a sufficient

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With regard to LLCs, forming one is easy and is done by filing with the secretary of state. The hard part, is creating a sufficient articles of organization; operating agreement a motion for organization; operating agreement nothing: flexibility to run the business articles of incorporation; number of shares for the sharcholders Question 6 2 pts Jack is a member of Unlimited LLC. Jack uses the LLC to protect himself from personal liability. It is common for Jack to use the company credit card and assets for personal purposes, and vice versa. If Jack gets sued by someone and the LLC does not have enough money to satisfy the judgment, Jack be liable for the judgement personally because may not; an LLC creates a viel of liability may: he committed fraud may: he comingled funds and assets may not, Jack did not commit fraud

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