Know about an LLC operating agreement that is if members do not create one the

Know about an llc operating agreement that is if

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2. Know about an LLC operating agreement (that is, if members do not create one, the LLC statute is the default agreement). 3. Know the personal liability of members in an LLC.
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4. What is the difference between a member managed LLC and a manager managed LLC? 5. Know the tax status of the LLC and its members (does LLC pay tax? Members pay tax?) Chapter 15 – Corporations Definitions
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