Examlex
Which of the following is NOT true when managing a portfolio system?
Operating Agreement
A document that outlines the governance and operating procedures of a limited liability company (LLC) among its members.
LLC
Limited Liability Company, a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
Organization
An entity, such as a company or society, formed by a group of people for a particular purpose.
Operating Agreement
A document detailing the management and operational protocols for a limited liability company (LLC) between its members.
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