Which of the following is a true statement about an LLC's operating agreement?

A. It is legally required.
B. It must be in writing.
C. It may address matters such as profit sharing, voting rights, and dissolution.
D. All of the answers are correct.

Answer: C. It may address matters such as profit sharing, voting rights, and dissolution.

Business

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a. True b. False Indicate whether the statement is true or false

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a. True b. False Indicate whether the statement is true or false

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