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James Williford, Patricia Mosser, Marquetta Smith, and Michael Floyd formed Bluewater Logistics, LLC, to bid on construction contracts. The operating agreement provided for a "super majority" 75 percent vote to remove a member "under any circumstances that would jeopardize the company status" as a contractor. Part of the attractiveness of an LLC as a form of business enterprise is its flexibility. Could one Bluewater member unilaterally "fire" another without providing a reason? Why or why not?

Operation Management, Management Studies

  • Category:- Operation Management
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