New Members Are Admitted to an LLC Only with Approval

question 22

True/False

New members are admitted to an LLC only with approval by a majority of existing members.

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Definitions:

Consumer Ratings Magazines

are publications that evaluate and review products and services based on various parameters to guide consumer decisions.

Brand Names

Names given to products or services by companies to distinguish them from competitors.

Franchising

A business model that allows individuals or entities to operate a business under the brand and operational model of an established company.

Harmful Pollutants

Substances released into the environment that can cause harm to human health, ecosystems, and the climate.