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In in Re 1545 Ocean Avenue, LLC, When the Members

question 177

True/False

In In re 1545 Ocean Avenue, LLC, when the members of an LLC got into a dispute the party wishing to keep the entity in existence had to buy out the unhappy member.


Definitions:

Low-gradient Stream

A stream that has a gentle slope, resulting in slower water movement and often a meandering course.

Point Bar

a depositional feature made of alluvium that accumulates on the inside bend of streams and rivers below the slip-off slope.

Cutbank

The steep bank typically found on the outside bend of a river or stream, formed by the erosion process of flowing water.

Sinuosity

A measure of how much a river meanders or curves compared to the straight path down its valley.

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