Which of the Following Is True of an LLC

question 22

Multiple Choice

Which of the following is true of an LLC?

• A)It cannot sue or be sued in its own name.
• B)Members of an LLC often share management power.
• C)Members are personally liable for the wrongful acts of other members.
• D)It cannot have more than 120 members.

---

Definitions:

Activist

An individual who actively promotes, impels, or supports a cause or policy, often seeking to bring about political or social change.

Labor Relations Systems

The framework of policies, practices, and relationships that govern interactions between employers, employees, and their representatives.

Workplace Flexibility

Refers to the adaptability of working conditions that allows employees to balance work and personal responsibilities more effectively.

Labor Relations

The study and practice of managing unionized employment situations.