Generally, a Dissociated Member of a Limited Liability Company (LLC)

question 39

True/False

Generally, a dissociated member of a limited liability company (LLC) has the right to buy his or her interest in the LLC from the other members.​

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Definitions:

Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Line Structure

The simplest organizational structure, in which direct lines of authority extend from the top manager to the lowest level of the organization.