Explain seldom performed even slightest investigation

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Q. Eric is a member of a manager-managed LLC but is not a manager. This LLC invests in real estate also manages it as rental property in a college town. Eric has made several recommendations to managers regarding property that he considers to be a good buy. Eric, explain however, seldom performed even slightest investigation of property before recommending it to managing members. Eric also purchased a couple of rental properties on his own account, taking very careful also sneaky steps to ensure that or members of LLC did not learn of se purchases. Which duties has Eric violated?

 

 

Reference no: EM1380386

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