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Author Question: Condominium ownership is not fee simple ownership. Indicate whether the statement is true or ... (Read 145 times)

CharlieWard

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on: Jun 24, 2018
Condominium ownership is not fee simple ownership.
  Indicate whether the statement is true or false

Question 2

A court can disregard the LLC entity to hold one or more members personally liable in any of the following situations, except: _______.
 A) when members fail to follow formalities.
 B) when members commingle company and personal funds.
 C) when members ignore the articles of organization.
 D) when members vote to make substantive changes to the operating agreement.


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qytan

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

D


CharlieWard

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

jomama

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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