Examlex
Which statement is best?
LLC
A Limited Liability Company, a flexible form of enterprise that blends elements of partnership and corporate structures.
Wrongful Acts
Actions that are illegal or immoral, violating legal or ethical standards.
Manager Members
Individuals who are both managers and members in a management structure, particularly in LLCs, having both operational control and ownership interests.
LLC
stands for Limited Liability Company, a business structure that combines elements of partnerships and corporations, providing owners with limited liability protection.
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