Multiple Choice
Business Enterprise Company agrees to sell a commercial office building and parking garage to City Investments,Inc.,which assigns the rights to the realty to Downtown Properties,LLC.Downtown Properties does not yet exist,but once it is created and comes into existence,the contract on novation will most likely be
A) quasi.
B) voidable.
C) void.
D) enforceable.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: If a limited liability company (LLC)agreement does
Q2: The alter-ego theory can be applied to
Q4: Limited liability company operating agreements typically contain
Q5: Custom Auto Body & Detailing,LLC,is a limited
Q7: Coco is considering forms of business organization
Q9: Members of limited liability companies are shielded
Q10: Medical Professionals Supply Source is an unincorporated
Q11: The law governing limited liability companies is
Q21: Commerce & Trade Corporation and Distance Shipping
Q39: Generally, a dissociated member of a limited