Nathan Wrote a New Software and Named It "Black Mamba

question 68

Multiple Choice

Nathan wrote a new software and named it "Black Mamba." To commercialize it,he formed an LLC (with a 50-year term) with his friend Pete.Two years later,Nathan withdrew from membership of the LLC since his and Pete's working styles did not match in any way.Under which of the following conditions can Nathan ask for a judicial dissolution of the LLC?

• A)The LLC failed to purchase Nathan's interest within a week of his dissociation.
• B)Since Nathan wrote "Black Mamba," Pete should not profit from it or the LLC.
• C)Pete is using the profits from the LLC to sell a fake version of "Black Mamba."
• D)The LLC failed to give fair value to Nathan for his transferable interest.

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Definitions:

Aggregate Supply

The complete amount of products and services that businesses within a country's economy intend to sell over a certain period.

Long Run Aggregate Supply

Long run aggregate supply represents the total output of goods and services that an economy can produce when both labor and capital are fully employed, at their most efficient levels.

Expected Price Level

The forecasted average price across all goods and services in an economy, reflecting the expected general price environment.

Long-Run Aggregate-Supply

The total quantity of goods and services that producers in an economy are willing and able to supply at a full employment level, without any changes in the price level over the long term.