A Limited Liability Company Is Dissolved at Death, Withdrawal, Resignation

question 41

True/False

A limited liability company is dissolved at death, withdrawal, resignation, expulsion, or bankruptcy of one member unless there is a vote to continue.

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Definitions:

Making Links

The process of establishing connections or relationships between different concepts, entities, or individuals.

Concepts

Abstract ideas or general notions that exist in the mind as representations of something understood or imagined.

Habit-Breaking Strategies

Techniques or plans designed to help individuals break free from patterns or behaviors that are considered negative or unproductive.

Identify New Opportunities

The process of recognizing new business prospects or areas for growth and development.