An LLC May Not Be Organized by Only One Member

question 28

True/False

An LLC may not be organized by only one member such as a sole proprietor.

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Definitions:

Secondary Sexual Characteristics

Physical traits that are not directly involved in reproduction but distinguish the two sexes, such as breast development in females and facial hair in males.

Hormones

Hormones are chemical messengers produced by the endocrine glands that regulate various functions in the body, from growth and metabolism to mood and reproduction.

Gonads

The ovaries in females and the testes in males; endocrine glands that produce sex hormones.

Phenotype

The observable characteristics or traits of an organism, resulting from the interaction of its genotype with the environment.