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In A(n)________ LLC,the Managers Have Authority to Bind the LLC

question 80

Short Answer

In a(n)________ LLC,the managers have authority to bind the LLC to contracts,but nonmanager members cannot bind the LLC to contracts.

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Definitions:

Automatic Response

A reflexive, involuntary reaction to a stimulus, which occurs without conscious thought, often as a result of learned behaviors or innate reflexes.

Stimulus

Any event or situation that evokes a response from an organism in the environment.

Event

An occurrence or happening, particularly one of significance that can be planned or unplanned.

Response

A reaction or reply to a stimulus or situation, often measured in cognitive and psychological experiments.

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