Unless otherwise provided in the LLC's operating agreement, a member may assign his financial interest in the LLC without dissolving the LLC

Indicate whether the statement is true or false


True

Business

You might also like to view...

A company shows a $740 balance in Prepaid Rent in the Unadjusted Trial Balance columns of the work sheet. The Adjustments columns show expired rent of $270. This adjusting entry results in:

A. $270 increase in net income. B. $270 difference between the debit and credit columns of the Unadjusted Trial Balance. C. $270 of prepaid insurance. D. $270 decrease in net income. E. An error in the financial statements.

Business

Which of the following is a portfolio-planning tool for identifying company growth opportunities through market penetration, market development, product development, or diversification?

A) BCG matrix B) analysis of variance C) product/market expansion grid D) Harris matrix E) SWOT analysis

Business

Project documents associated with the integration management knowledge area include

A) project schedule. B) requirement document. C) statement of work. D) activity cost estimates.

Business

The highest form of ownership of real property is ____________________

Fill in the blank(s) with correct word

Business