Which of the Following Methods Are Used to Appoint a Manager

question 74

Multiple Choice

Which of the following methods are used to appoint a manager of a manager-managed LLC?

• A) appointed by the secretary of state
• B) vote of majority of the members
• C) unanimous vote of members
• D) unanimous vote of shareholders

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Definitions:

Treasury Bills

Short-term government securities issued at a discount from the par value and pay no interest before maturing.

Weak Form Efficiency

Refers to a theory in financial economics that suggests all past market prices and data are fully reflected in current stock prices, implying that past price movements cannot predict future stock prices accurately.

Higher Returns

The potential for gaining more profit or income from an investment compared to other options.