BUSINESS-ENVIRONMENT-AND-CONCEPTS Web TestEngine demo

Exit VCEDump BUSINESS-ENVIRONMENT-AND-CONCEPTS Certified Public Accountant (Business Environment amd Concepts)
Question 68 of 80
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Q68 Single choice

Jeb, a member in J & S LLC, sold his interest in the LLC to Chris without obtaining the other members' consent. Absent an agreement to the contrary, Chris:

I. May participate in the management of J & S.
II. May receive Jeb's share of J & S's profits.
III. Is not entitled to anything since Jeb did not obtain the other members' consent.

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