Author Question: Condominium ownership is not fee simple ownership. Indicate whether the statement is true or ... (Read 140 times)

CharlieWard · **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.