Which of the following is true of liabilities of LLCs?
A. Members of the LLC are liable to the extent of their capital contribution.
B. Managers of LLCs are personally liable for the debts, obligations, and liabilities of the LLC.
C. LLCs are not liable for any loss or injury caused by their employees.
D. LLCs are not liable for losses caused due to negligence of their managers during the ordinary course of business.
Answer: A
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