Question: 1 8 a Same facts as above. Debbie didn't damage June's rug. Instead, June loved the paint job and gave Debbie an extra $ 1
a
Same facts as above. Debbie didn't damage June's rug. Instead, June loved the paint job and gave Debbie an extra $ in cash.
Assume Debbie respects her duty of loyalty to the LLC and deposits the $ into Eagle Painting Services, LLCs account. Sadly, soon thereafter Debbie and lan both develop terrible allergies to paint, thus bringing to an untimely end their once proud LLC
Also sad is that the only asset remaining in the LLC account at the close of its business operations is the $ from June.
How much of that does lan get?
A $ because if it weren't for Debbla's honoring her duty of loyalty the money wouldn't have been in the account in the first place
B $ because lan and Debbie were the only two members of the LLC
C $ because lan is entitled to of the LLCs profits
D $ because lan's ownership interest in the LLC was
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