An llc must have at least two members that participate in, Ask an Expert

Management Studies

An LLC must have at least two members that participate in management in order to lawfully do business. T or F

Because the LLC is a relatively new type of business entity, there are often fewer published court opinions addressing LLC issues. T or F

A limited partner risks personal liability when he or she actively participates in the management of partnership affairs. T or F

Stock that is issued and then repurchased by a corporation is watered stock. T or F

Article 2A of the Uniform Commercial Code governs the sale of securities. T or F

Directors must be compensated for their services. T or F

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Operation Management, Management Studies

Category:- Operation Management
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