Peter preston and penny organize an llc in month of jan

Assignment Help Business Law and Ethics
Reference no: EM13781765

10) Peter, Preston, and Penny organize an LLC in the month of January. While composing the operating agreement, they forget to include the amendment clause. Six months later, the situation demands an amendment to the operating agreement. Which of the following would best apply in this scenario? 10) ______ A) The operating agreement can be amended only 60 days after a new amendment provision is included. B) The operating agreement cannot be amended as it contains no amendment provision. C) The operating agreement can be amended if all three members approve. D) The operating agreement can be amended with the affirmative majority of all shareholders. 

Reference no: EM13781765

Aware of the involvement of department of homeland security

Your director is not aware of the involvement of the Department of Homeland Security (DHS) with private enterprise and has requested an information paper that provides her w

What are the rights of the carpenter

A college student furnished a carpenter with a unique design for a bookshelf to be built in her dorm room. What are the rights of the carpenter, if any, against the college s

Discuss a paralegals ethical obligation

Discuss a paralegal's ethical obligation to conduct competent electronic research. Provide two (2) examples of the potential consequences of inept electronic research practi

Discuss the rights of all the parties

Stanley and Garcia were both minors. Stanley bought Garcia's baseball card collection for $1,000. Stanley then sold the collection to American Collectors Company for $1,500,

What is the legal effect of the employment contract?

An employer contracts with an employee for the employee for a designated salary, stating that the employment will be "permanent." What is the legal effect of the employment

How far does it let the federal government go

The regulations issued by Administrative Agencies have the same force and effect as laws passed by the legislature. How is that constitutional? What does that say about our

The digital millennium copyright act was passed by congress

The Digital Millennium Copyright Act was passed by Congress and signed into law by President Clinton in 1998. This legislation was tied to an earlier treaty know as TRIPS, whi

Evaluate theory of criminal behavior relate to selected case

Analyze the role the psychological profile of the offender played in how the investigation was conducted and in any subsequent court proceedings. Discuss the impact of this

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd