Grape Vineyards LLC, the Members of Which Include Howie and Ilya

question 49

Multiple Choice

Grape Vineyards LLC, the members of which include Howie and Ilya, can hold title to property because as a limited liability company the firm is

• A)the sum of its members.
• B)a non-entity
• C)a legal person.
• D)a holding company.

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Definitions:

Polymerase

An enzyme that synthesizes long chains or polymers of nucleic acids.

Thermus Aquaticus

A species of bacterium that can tolerate high temperatures, from which Taq polymerase, an enzyme used in PCR, is derived.

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Genetically Modified Organisms

Organisms whose genetic material has been artificially manipulated through genetic engineering techniques, allowing for characteristics not normally found in the organism to be expressed.