Author Question: Usually the members of a limited liability company: a. may transfer membership interests without ... (Read 25 times)

viki

  • Hero Member
  • *****
  • Posts: 525
Usually the members of a limited liability company:
 a. may transfer membership interests without the consent of the other members
  b. may not transfer membership interests without the consent of the other members c. may not know each other
  d. must know each other for at least a year before the formation of the company e. none of the other choices are correct

Question 2

For the Truth-in-Lending Act to apply, the debtor must be a business organization.
 a. True
  b. False
  Indicate whether the statement is true or false



bbburns21

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

b

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

For a complete list of videos, visit our video library