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    Business Law and the Regulation of Business Study Set 2
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    Exam 32: Limited Partnerships and Limited Liability Companies
  5. Question
    Members of Member-Managed LLCs and Manager-Managed LLCs Are the Same
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Members of Member-Managed LLCs and Manager-Managed LLCs Are the Same

Question 43

Question 43

Multiple Choice

Members of member-managed LLCs and manager-managed LLCs are the same in which of the following aspects?


A) Control.
B) Fiduciary duty.
C) Liability.
D) Whether the member is an agent of the LLC.

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