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If an LLC fails to follow formalities such as keeping minutes of meetings, which of the following is true? A. Only the managers of a manager-managed LLC will lose limited liability. B. All members
will lose their limited liability. C. This failure will not result in imposing personal liability on any member. D. Only the parties responsible for the failure will lose limited liability.
B. All members will lose their limited liability.
Expert answered|chico007hgo|Points 370|
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Asked 10/6/2012 3:49:35 PM
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Questions asked by the same visitor
A ___________ is a court-appointed party who conducts a private trial and renders a judgment A. fact-finder B. arbitrator C. judicial referee D. negotiator
Question
Updated 330 days ago|3/28/2016 6:26:52 PM
1 Answer/Comment
A Judicial Referee is a court-appointed party who conducts a private trial and renders a judgment.
Added 330 days ago|3/28/2016 6:26:51 PM
This answer has been added to the Weegy Knowledgebase
What is a form of alternative dispute resolution that is often used when the parties involved do not want to face one another? A. Arbitration B. Fact-finding C. Minitrial D. Conciliation
Weegy: D. Conciliation. Conciliation is a form of alternative dispute resolution that is often used when the parties involved do not want to face one another. (More)
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Expert Answered
Asked 10/6/2012 3:58:01 PM
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What is concilliation
Question
Updated 3/3/2014 9:14:08 AM
1 Answer/Comment
Conciliation is an alternative dispute resolution (ADR) process whereby the parties to a dispute use a conciliator, who meets with the parties separately in an attempt to resolve their differences.
Added 3/3/2014 9:14:08 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by alfred123 [3/3/2014 9:15:33 AM]
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