A Limited Liability Company Cannot Have Any More Than Two

question 9

True/False

A limited liability company cannot have any more than two of the following corporate characteristics: limited liability, continuity of life, free transferability of interest, and centralized management.

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Definitions:

Libido

The psychological and emotional energy associated with the drive for sexual activity and expression.

Psychosexual Energy

A concept in psychoanalysis referring to the driving force behind human behavior as motivated by sexual desire and pleasure.

Psychosexual Development

A theory by Freud that describes the stages of a child's development from birth to adulthood, focusing on how personality develops based on the changing focus of libido.

Anal Stage

In psychoanalytic theory, the second stage of psychosexual development, focusing on toilet training and control of bodily wastes.