The Liability of the Members of a Limited Liability Company

question 18

True/False

The liability of the members of a limited liability company is limited to the amount of their investments.

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Definitions:

Self-Esteem

An individual's perception of their own worth or value.

Incapable

Lacking the ability, strength, or competence to do something effectively or as required.

Sufficient

Enough to meet the needs of a situation or a proposed end.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires, being aware of and understanding one's self.