The Failure of a Limited Liability Company to Observe Ordinary

question 73

Multiple Choice

The failure of a limited liability company to observe ordinary company formalities:

• A) is grounds for imposing personal liability on the members of the limited liability company.
• B) is grounds for imposing personal liability on the members of the limited liability company, but only if it can be shown that in spite of the fact that it was common knowledge that formalities were not being observed, nothing was done.
• C) is grounds for imposing personal liability, but only on a member who owns more than fifty percent of the limited liability company.
• D) is not grounds for imposing personal liability on a member, so long as the member can show that he or she filed a formal complaint.
• E) is not grounds for imposing personal liability on the members of the limited liability company.

Recognize the importance of consent and communication in preventing sexual abuses.

Understand the role of power dynamics in incidents of sexual abuse and harassment.

Identify strategies and measures to prevent sexual abuse and harassment.

Understand the societal misconceptions and myths surrounding sexual abuse and harassment.

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Definitions:

Progressive Tax

A tax system in which the tax rate increases as the taxable amount increases, thereby imposing a higher percentage rate on higher-income earners.

High-Income

Earning a substantial amount of money, typically above the median income level in a given region or country.

Low-Income

Referring to individuals or families whose earnings are significantly lower than the average, often quantified by government standards.

Regressive Tax

A tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases.