Exam 39: Limited Liability Companies and Limited Liability Partnerships

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A member's capital contribution to an LLC may be in the form of a patent.

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The non-manager members of a manager-managed LLC owe which fiduciary duties to the LLC?

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If a member-manager commits an ordinarily negligent act,he or she is not liable to the LLC.

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Which of the following is true about the capital contributions of members to an LLC?

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