Which of the Following Is True of Liabilities of LLCs

question 69

Multiple Choice

Which of the following is true of liabilities of LLCs?

• A)Members of the LLC are liable to the extent of their capital contribution.
• B)Managers of LLCs are personally liable for the debts, obligations, and liabilities of the LLC.
• C)LLCs are not liable for any loss or injury caused by their employees.
• D)LLCs are not liable for losses caused due to negligence of their managers during the ordinary course of business.

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Definitions:

RDA

The Recommended Dietary Allowance, which is the average daily dietary intake level sufficient to meet the nutrient requirements of nearly all (97%-98%) healthy individuals.

Body Mass Index

A numerical measurement of a person's body weight in relation to their height.

Classified

Designated as confidential, secret, or top secret to protect national security or sensitive information.

Obese

A condition characterized by excessive body fat that presents a risk to health.