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Ordinarily, Members of Manager-Managed LLCs Have Duties to the LLC

question 45

True/False

Ordinarily, members of manager-managed LLCs have duties to the LLC and its members by reason of being members.


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Cross-referencing

The process of linking between different sections of a document or between different documents, to provide readers with more information or resources on a topic.

Storing Files

The process of keeping digital or physical records secured in an organized manner for future retrieval and use.

Cold Site

A backup location for an organization to relocate its operations in case of a major disruption, which is not immediately operational but can be equipped and made ready if necessary.

Locked Site

A secured website or online area that requires authentication, such as a username and password, to access.

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