Which of the Following Actions Requires Voting of All Members

question 15

Multiple Choice

Which of the following actions requires voting of all members in a manager-managed LLC?

• A)issuing a certificate of interest
• B)admitting new members
• C)converting an existing business into an LLC
• D)expanding operations in another country

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Definitions:

Single-Parent Household

A living arrangement consisting of one parent and their children, without the involvement of a second parent in the home.

University Education

A level of education pursued after the completion of secondary education, involving undergraduate and postgraduate studies at universities.

Ethnic Group

A community or population of people who share common cultural traits, ancestry, language, history, and sometimes physical characteristics.

Newfies

A colloquial and sometimes derogatory term for people from the Canadian province of Newfoundland and Labrador.