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"Management and Operation of LLCs"

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"Management and Operation of LLCs"  Leg205

  • Provide an example of an LLC and explain why the example you provided chose that form of business entity.
  • Compare and contrast the authority that members possess in a member-managed LLC versus a manager-managed LLC. Explain which authority you believe favors a small business and state why.
  • Analyze what an ownership interest in an LLC entitles a member to. Imagine you are a member and you wanted to give a portion of your membership to your son. Explain what determines if these ownership interests can be characterized as securities.



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    Submitted by PROFSTAN on September 3rd, 2016 09:42

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