Examlex
A(n) ________ refers to an agreement entered into among members that governs the affairs and business of the LLC and the relations among members, managers, and the LLC.
Acceptance
The act of agreeing to receive or undertake something offered.
Notification
The act of formally informing or giving notice to a party or authority about an event, action, or proceeding.
Automatically Terminate
The ending of an agreement, contract, or employment without the need for action by either party, often triggered by predetermined conditions.
Contractual Capacity
The legal ability of an individual or entity to enter into a contract, requiring an understanding of the terms and the ability to comprehend its obligations.
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