An LLC May Be Formed Without Filing Formal Articles of Organization

question 38

True/False

An LLC may be formed without filing formal articles of organization with the secretary of state.

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Definitions:

Objectives

Specific, measurable, achievable, relevant, and time-bound goals that an individual or organization aims to achieve.

Vertical Division of Labour

The categorization of tasks in an organizational hierarchy where tasks are assigned based on level of authority and expertise, from top to bottom.

Differentiation

The tendency for managers in separate units, functions, or departments to differ in terms of goals, time spans, and interpersonal styles.

Coordination

A process of facilitating timing, communication, and feedback among work tasks.