A Limited Liability Company That Operates in More Than One

question 60

Multiple Choice

A limited liability company that operates in more than one state may not receive consistent treatment. This is because, according to the principle that in most states determines the law that applies to a foreign limited liability company, one state's courts must

• A)interpret and apply another state's laws.
• B)strictly apply its own jurisprudence.
• C)arrive at a consensus between sometimes conflicting rules.
• D)equitably balance the different state laws.