​Generally, If a Member Dissociates Form a Limited Liability Company

question 2

True/False

​Generally, if a member dissociates form a limited liability company (LLC), the other members cannot continue to carry on the LLC's business.

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Definitions:

Capital Infrastructure

Fundamental facilities and systems serving a country, city, or area, including transportation, communications, sewage, water, and electric systems, that are necessary for economic activity.

Primary Products

Basic commodities that are used as inputs by other industries for production processes, including agricultural products, minerals, and raw materials.

Developing Countries

Nations with a lower living standard, underdeveloped industrial base, and low Human Development Index (HDI) relative to other countries.

Manufactured Goods

Products that have been processed or transformed from raw materials into finished goods ready for sale.