Examlex
Which of the following is an assumption held by Theory X managers?
LLPs
Limited Liability Partnerships, a business structure that offers its members limited personal liability for business debts and obligations, with some features of a partnership and some of a corporation.
LLCs
Limited Liability Companies, a flexible form of business enterprise that offers limited liability protection to its owners.
Manager-managed LLCs
A structure for a Limited Liability Company where the daily business operations are controlled and managed by appointed managers rather than by all its members.
Members
Individuals or entities that are part of a group, organization, or body, often with certain rights and responsibilities.
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