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Desolo Desolo
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10 years ago
Mary, Harold, Harvey, and William form an LLC by contributing $20,000, $50,000, $55,000, and $150,000 respectively. The LLC is designated to be member-managed. When a decision is put to vote, Mary, Harvey, and Harold vote "yes," whereas William votes "no". Which of the following is true in this context?
A) William's decision prevails as he has invested the maximum capital.
B) No conclusion can be derived as the vote is not unanimous.
C) Mary, Harvey, Harold's decision prevails due to simple majority.
D) The decision is put to vote among employees of the company.

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