Multiple Choice
The process when an individual member of an LLC exercises the right to withdraw from the partnership is called __________.
A) Dissociation
B) Disaffiliation
C) Disaffirmance
D) Dissonance
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q14: Bob is an owner in an LLC
Q15: The RULLCA changes the term managing member
Q16: Evan wishes to start an LLC that
Q17: All of the following statements about the
Q18: All of the following are characteristics of
Q20: LLC laws define dissolution of an LLC
Q21: Frances wants to start a new small
Q22: Similar to the board of directors in
Q23: Linda, Nancy and Pam started an LLC
Q24: ABC LLC's operating agreement is silent on