Only four states of the United States have adopted all or part of the Uniform Limited Liability Company Act (ULLCA) as a state statute

Indicate whether the statement is true or false

FALSE

Business

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Which of the following are considered formal groups? (Choose all that apply.)

-Interest group -Friendship group -Cross-functional team -Top-management team -Command group

Business

What would result when Albert deeded to Henry, but Henry inadvertently recorded in the wrong county?

A. Albert would retain title. B. Between Henry and Albert, Henry would have title. C. The minor defect in recording would not affect the constructive notice. D. The deed could be voided upon return of consideration.

Business