Grape Vineyards LLC, the Members of Which Include Howie and Ilya

question 49

Multiple Choice

Grape Vineyards LLC, the members of which include Howie and Ilya, can hold title to property because as a limited liability company the firm is

• A)the sum of its members.
• B)a non-entity
• C)a legal person.
• D)a holding company.

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Definitions:

Malingering

Intentional production of false or exaggerated symptoms to achieve external benefits such as avoiding work or obtaining drugs.

Door-In-The-Face

A persuasion technique where an initial, large request is made knowing it will be refused so that a smaller, more moderate request will be accepted.

Chaperone

A protein that assists in the folding and assembly of other macromolecules within the cell, ensuring they attain the correct structure.

Volunteer

A person who freely offers to take part in an enterprise or undertake a task without receiving payment for their services.