An LLC is not responsible for the actions of its members, even when the member is acting in the
ordinary course of the business of the LLC.
Indicate whether the statement is true or false
FALSE
You might also like to view...
Why is the audit trail necessary?
In 1996 the ALI approved development of the Restatement Third, Torts: Liability for Physical and Emotional Harm, which applies mostly to nonintentional torts. As of 2011, neither of this Restatement's two volumes had yet been published in final form
a. True b. False Indicate whether the statement is true or false
A purchasing agent who is an owner of 25% of the shares in a supplier does not have a conflict of interest
Indicate whether the statement is true or false
Substance abuse in the workplace is estimated to cost employers about $250 billion a year
a. True b. False Indicate whether the statement is true or false