There Is No General Partner Required in a Limited Liability

question 60

True/False

There is no general partner required in a limited liability company (LLC).

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Definitions:

Liver

A large, vital organ in the human body responsible for numerous functions including detoxification, protein synthesis, and the production of biochemicals necessary for digestion.

Kidney

A bean-shaped organ in vertebrates that filters waste products from the blood and excretes them as urine, also involved in regulating blood pressure and electrolyte balance.

Medication Compatibility

The degree to which different medications can be co-administered or mixed without causing harm or reducing effectiveness.

Food and Drug Administration

A federal agency responsible for regulating food, dietary supplements, drugs, cosmetics, medical devices, biologics, and blood products in the United States.