Members of a Limited-Liability Company (LLC)are Not Personally Liable for the Debts

question 112

True/False

Members of a limited-liability company (LLC)are not personally liable for the debts of the business.

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Definitions:

First Psychology Course

An introductory level class in psychology, often covering fundamental principles, theories, and historical development of the field.

1838

This is a specific year in the Gregorian calendar, but without additional context, it does not represent a known key term.

Canadian University

Higher education institutions located in Canada that offer undergraduate and graduate degrees in a variety of fields.

John Watson

A psychologist from America who founded the behaviorism school of psychology, which focuses on examining behaviors that are observable.