Nathan Wrote a New Software and Named It "Black Mamba

question 68

Multiple Choice

Nathan wrote a new software and named it "Black Mamba." To commercialize it,he formed an LLC (with a 50-year term) with his friend Pete.Two years later,Nathan withdrew from membership of the LLC since his and Pete's working styles did not match in any way.Under which of the following conditions can Nathan ask for a judicial dissolution of the LLC?

• A)The LLC failed to purchase Nathan's interest within a week of his dissociation.
• B)Since Nathan wrote "Black Mamba," Pete should not profit from it or the LLC.
• C)Pete is using the profits from the LLC to sell a fake version of "Black Mamba."
• D)The LLC failed to give fair value to Nathan for his transferable interest.

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Definitions:

Observed Z Value

The Z Score calculated based on sample data, representing the number of standard deviations a data point is from the mean.

Sample Mean

The average value of a sample set of numbers, calculated by summing all the observations and dividing by the number of observations in the sample.

Population Average

The sum of all the values in a population divided by the number of values, representing the central tendency of the population data.

Standard Error

The standard deviation of the sampling distribution of a statistic, often used in the context of estimating the population mean.