In a manager-managed LLC (limited liability company), amending the articles of organization cannot be delegated to the managers

Indicate whether the statement is true or false

TRUE

Business

You might also like to view...

A bank lobby with six teller windows, each with a separate line, is an example of a:

A) single-channel, single-phase arrangement. B) single-channel, multiple-phase arrangement. C) multiple-channel, single-phase arrangement. D) multiple-channel, multiple-phase arrangement.

Business

Which of the following ratios is a measure of a company's ability to sell inventory?

A) The day's sales in receivables is a measure of a company's ability to sell inventory. B) The current ratio is a measure of a company's ability to sell inventory. C) The acid-test ratio is a measure of a company's ability to sell inventory. D) The inventory turnover ratio is a measure of a company's ability to sell inventory.

Business