Examlex
The following statement is not true about linked objects: ____.
Limited Liability Company
A flexible form of business that combines elements of partnership and corporate structures, providing limited liability protection to its owners.
Members Requirement
Regulations or conditions that must be met for an individual to become or remain a member of a group or organization.
Non-Member Manager
A manager in a limited liability company (LLC) who is not an owner or member of the LLC.
Personal Liability
the legal responsibility of an individual to settle debts or fulfill obligations from their own assets.
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