A Member of an LLC Is Treated as a Transferee

question 22

Multiple Choice

A member of an LLC is treated as a transferee of his/her transferable interest only after:

• A)he/she transfers his/her transferable interest to another person.
• B)he/she gives notices to third parties about the transfer.
• C)a creditor receives his/her transferable interest.
• D)his/her dissociation from the LLC due to judicial expulsion.

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Definitions:

Narrative Counselors

Therapists who specialize in narrative therapy, focusing on helping clients re-author their life stories in a way that reflects their goals, values, and desires.

Happy

A state of well-being and contentment characterized by positive emotions and satisfaction with life.

Co-author

In the context of literature and academic writing, a co-author is one of multiple individuals contributing significantly to the creation of a written work.

Narrative Counseling

A therapeutic approach that centers on clients' stories, viewing them as knowledgeable authors of their own lives and emphasizing the importance of storytelling in therapy.