A Member's Ownership Interest in a Limited Liability Company Is

question 46

Multiple Choice

A member's ownership interest in a limited liability company is called a(n) :

• A) shareholder interest.
• B) priority interest.
• C) distributional interest.
• D) possessory interest.
• E) investor interest.

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Definitions:

Experience

The knowledge or skill that one gains through involvement in or exposure to an activity over time.

Electronic Files

Digital documents or records stored on a computer or network, used for efficient storage, retrieval, and management.

Passwords

Secret word or phrases used to verify the identity of a user accessing a computer system or service.

Legal Service

Professional services provided by qualified lawyers or legal practitioners, including advice, representation, or document preparation.