Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Management Expert

Eric is the member of manager-managed LLC but is not manager. This LLC invests in real estate and manages it as rental property in college town. Eric has made numerous suggestions to managers regarding property that he considers to be good buy. Eric, though, seldom performed even slightest investigation of property before recommending it to managing members. Eric also bought couple of rental properties on his own account, taking very careful and sneaky steps to make sure that other members of LLC didn't learn of these purchases. Which duties has Eric violated?

a. Loyalty and care
b. Good faith and fair dealing
c. Loyalty, care, and good faith and fair dealing
d. Loyalty
e. None of these

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M932956

Have any Question? 


Related Questions in Business Management

Abigails auto repair uses 500 oil filters every month

Abigail's Auto Repair uses 500 oil filters every month. Abigail has just taken a course in supply chain management, and as a result has solicited two new suppliers for these packs, with the following price structures: Su ...

Seven-eleven manages its own distribution function in

Seven-Eleven manages its own distribution function. In contrast, some convenience stores are replenished by the third party distributors. What are the pros and cons to having a third party distributor replenish convenien ...

Assignment supply chain design and implementationthis

Assignment: Supply Chain Design and Implementation This assignment will help you develop an understanding about the life cycle of supply chains including the models that are aligned with it and the cost it bears. In addi ...

Monetary stimulus in the form of lower interest rates is an

Monetary stimulus in the form of lower interest rates is an alternative to the fiscal stimulus of increased government spending. If a 0.1 point change in interest rates has the stimulus impact of $10 billion in spending, ...

Some years ago a meat packer in texas was closed down by

Some years ago, a meat packer in Texas was closed down by the FDA on account of the presence of some deadly bacteria. The firm sued, and the judge said the FDA acted improperly because consumers could protect themselves ...

What is the underlying premise behind the trait theory of

What is the underlying premise behind the Trait Theory of Leadership?

Analysis of leadership topicfor this assignment compose a

Analysis of Leadership Topic For this assignment, compose a critical analysis of a journal article found in the Saudi Electronic University Library regarding a leadership topic. If possible, find a topic that is related ...

This assignment should meet the following learning

This assignment should meet the following learning outcomes: 1. Demonstrate knowledge and understanding of Project Management Principles including how to define the project. 2. Evaluate the strategies and understand the ...

Assignment case study online purchasing at

Assignment "Case Study: Online Purchasing at McDonalds" • Case Study: Online Purchasing at McDonalds Read the Online Purchasing at McDonald's case study on page 507 of your text book, and answer the three questions at th ...

Question case study - whistler corporation ellet 2007nbsppp

Question: Case Study - Whistler Corporation (Ellet, 2007),  pp. 255-266. You should also review the discussion of this case in Chapter 11 especially the "Whistler Essay" on pp.  150-154  in Ellet (2007).  Directions: Pre ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen