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baby_d baby_d
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6 years ago
Sam Muller and Toby Richardson organize an LLC (limited liability company) in the state of Delaware. In the articles of organization, they specify the duration of the LLC as 25 years from the date of filing the articles of organization. Which of the following is true in this context?
A) The LLC is invalid as it does not specify a date of termination.
B) The LLC may be dissolved at will any time after 25 years from the date of filing the articles of organization.
C) Muller and Richardson have organized a valid term LLC.
D) Muller and Richardson have organized an at-will LLC.
Textbook 
Business Law

Business Law


Edition: 9th
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6 years ago
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6 years ago
Literally the most helpful website ever
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6 years ago
Monkey
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