A Limited Liability Company Is a Citizen of Every State

question 66

True/False

A limited liability company is a citizen of every state of which its members are citizens.

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Definitions:

Reward Power

The authority to give employees rewards for compliance.

Leader's Authority

Leader's Authority refers to the recognized power or right of a leader to guide actions, make decisions, and enforce obedience among followers.

Consequences

The outcomes or effects that result from a particular action or condition.

Politically Correct

Using language or behavior that seeks to minimize offense to gender, race, cultural, or other identity groups.