In a _________-managed LLC, all members participate in management and decisions are made by majority vote.

Fill in the blank(s) with the appropriate word(s).

Answer: member

Business

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Demand for individual products can be driven by product life cycles

Indicate whether the statement is true or false

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________ arbitration deals with the allegation that an existing collective agreement has been violated or misinterpreted

a. Reciprocal b. Distributive c. Rights d. Concurrent

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