In Most Circumstances, the Manager of a Limited Liability Company

question 7

True/False

In most circumstances, the manager of a limited liability company is liable in that capacity for the liability of the firm.

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Definitions:

Electoral College

A body of electors established by the United States Constitution, responsible for electing the President and Vice President of the United States.

House Members

Elected representatives who serve in the House of Representatives, the lower chamber of the United States Congress.

Senators

Members of the senate, the upper chamber of the legislature in many countries, responsible for making and passing laws.

Electoral Votes

The votes cast by electors in the Electoral College, determining the winner of U.S. presidential elections.