A Limited Liability Company

question 23

Multiple Choice

A limited liability company:

• A) must have at least one member that is subject to unlimited liability.
• B) member may actively participate in control of the business without losing limited liability status.
• C) both a.and b.
• D) neither a.nor b.

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Definitions:

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Emerging fields of study that push the boundaries of knowledge and often involve interdisciplinary research.

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