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:

Gene Flow

The transfer of genetic variation from one population to another, which can lead to changes in the gene pools of both populations.

Sickle-Cell Anemia

A genetic blood disorder characterized by red blood cells that assume a sickle shape, leading to various complications such as pain, infections, and anemia.

Oxygen-Carrying

Refers to the capability of certain molecules, such as hemoglobin in red blood cells, to transport oxygen from the lungs to various parts of the body.

Chimp's Genome

The complete set of genetic material of a chimpanzee.