LLC: violation of duty
Eric is a member of a manager-managed LLC but is not a manager. This LLC invests in real estate and manages it as rental property in a college town. Eric has made several recommendations to the managers regarding property that he considers to be a good buy. Eric, however, seldom performed even the slightest investigation of the property before recommending it to the managing members. Eric also purchased a couple of rental properties on his own account, taking very careful and sneaky steps to ensure that the other members of the LLC did not learn of these purchases.
We Write Essays For Students
Tell us about your assignment and we will find the best writer for your paper
Write My Essay For MeWhich duties has Eric violated?
A. Loyalty and care
B. Good faith and fair dealing
C. Loyalty, care and good faith and fair dealing
D. Loyalty
E. None of these
ORDER A SIMILAR ESSAY WRITTEN FROM SCRATCH
Save time and money with our essay writers for hire. If you are in search of a dependable academic support provider that offers more than just typical writing services, you have come to the right place. As a cost-effective essay writing service, we not only assist you in crafting outstanding papers but also provide complimentary features.
