In In re 1545 Ocean Avenue, LCC, where the two managers of a real estate development limited liability company disagreed about the project and one of the managers, King, sued for work to stop and the company to be dissolved, the appeals court reversed the trial court's decision to grant King's requests because:
a. the operating agreement gave King only a 49% share of power, so he could not dissolve the company
b. there was sufficient evidence that the LLC could not effectively operate under the operating agreement c. there was not sufficient evidence that the LLC could effectively operate under the operating agreement d. the operating agreement specified that one manager could not dissolve the LCC
e. none of the other choices are correct
e
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a. are not concerned with the management of working capital because cash flows are good. b. strive for a balance between current assets and current liabilities. c. try to maintain protection from the creditors by keeping only a small amount of cash available. d. agree that working capital of $3,000,000 is sufficient for business operations.
Which of the following items will not be disclosed on a statement of stockholders' equity?
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Which of the following is considered a real property?
A) a fixture permanently affixed to a building B) fifty-one percent partnership in a firm C) a club membership D) diamond jewelry
Which one of the following is the result of long-term repetitive motion?
A. Ergosyndrome B. Carpal tunnel syndrome C. Computer vision syndrome D. Spinal-technostress syndrome