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
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