Business, 14.03.2020 01:53 kada96

Assume that a state does not require LLCs to publish their operating documents publicly. How might this impact a third-parties' (like Tree Down) right to recover contract damages from a LLC if the member's (such as George or Stan) authority to bind the company was rescinded in a nonpublished operating agreement?
a. Tree Down should take additional steps to ensure members claiming to act on behalf of a LLC have actual authority, if they want to be able to recover contract damages from the LLC.
b. Even if the member is an unauthorized agent, Tree Down's reasonable belief based on the conduct of the member is sufficient to bind the LLC.
c. The LLC can never be held liable for the acts of an unauthorized agent.
d. If the member tells Tree Down that he has express authority, the LLC will be bound by his acts.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 20:30

According to the law of demand, there is an inverse relationship between price and quantity demanded. that is, the demand curve for goods and services slopes downward. why?

Answers: 3

Answer

Business, 22.06.2019 10:50

Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate.a. after a long search, jon finds a job.b. tyrion, a full-time college student, graduates and is immediately employed.c. after an unsuccessful job search, arya gives up looking and retires.d. daenerys quits her job to become a stay-at-home mom.e. sansa has a birthday, becomes an adult, but has no interest in working.f. jaime has a birthday, becomes an adult, and starts looking for a job.g. cersei dies while enjoying retirement.h. jorah dies working long hours at the office.

Answers: 2

Answer

Business, 22.06.2019 16:40

An electronics store is running a promotion where for every video game purchased, the customer receives a coupon upon checkout to purchase a second game at a 50% discount. the coupons expire in one year. the store normally recognized a gross profit margin of 40% of the selling price on video games. how would the store account for a purchase using the discount coupon?

Answers: 3

Answer

Business, 22.06.2019 18:00

Acountry made education free in mandatory up to age 15. it is established 100 new schools to educate kids across the country. as a result, citizens acquired the _ required to work. the school's generated _ for teachers and other staff. in 20 years, to countryside rapid _ and its gdp.

Answers: 3

Answer

You know the right answer?

Assume that a state does not require LLCs to publish their operating documents publicly. How might t...

Questions