A Member of a Manager-Managed LLC Who Is Not a Manager

question 59

True/False

A member of a manager-managed LLC who is not a manager owes no fiduciary duty of loyalty or care to the LLC or its other members.

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Definitions:

Water Vapor

The gaseous phase of water, present in the atmosphere and a key factor in the Earth's climate system.

Ultraviolet Radiation

The ultraviolet part of the electromagnetic spectrum.

Surface Environments

The external conditions and factors that influence the Earth's lithosphere, hydrosphere, atmosphere, and biosphere.

Steep Mountain Front

The abrupt boundary where the relatively flat terrain transitions into a steep mountain slope, often indicative of tectonic activity or erosion.