In an LLC,the Business,not the Owners,is Responsible for the Corporation's

question 126

True/False

In an LLC,the business,not the owners,is responsible for the corporation's debts.

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Definitions:

Racial Balance

Efforts or policies aimed at achieving an equitable representation and integration of various racial groups within institutions or geographic areas, often used in the context of school desegregation and housing.

Supreme Court

The highest judicial body in a country, often having the final appellate jurisdiction and the authority to interpret the constitution, making pivotal decisions on legal and social issues.

Watergate Scandal

A major political scandal in the early 1970s involving burglary, wiretapping, and cover-up by members of the Nixon administration, leading to President Nixon's resignation.