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Desolo Desolo
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10 years ago
Which of the following is true of a member-managed LLC?
A) Each member has equal rights in the management of the business of the LLC..
B) The member with the highest capital contribution becomes the de facto manager of the LLC.
C) Any matter relating to the business of the LLC is decided by a unanimous vote of the members.
D) Shareholders are not allowed to decide matters relating to the business of the LLC.

This is for my business law class, anything will help
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bbbbbb
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10 years ago
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Desolo Author
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#2
10 years ago
Thanks BBB.
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