Author Question: Usually the members of a limited liability company: a. may transfer membership interests without ... (Read 81 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?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

For a complete list of videos, visit our video library