Question: Please answer this question in 3-4 direct sentences. Refer to example below: (Blank) is liable. This is why they are liable. This is the law/rule

Please answer this question in 3-4 direct

Please answer this question in 3-4 direct sentences. Refer to example below:

"(Blank) is liable. This is why they are liable. This is the law/rule that explains why they are liable"

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Case 6.2 Liability of Members Abigail, Ben, and Maggie each contribute $50,000 capital to form a limited liability company called Fusion Restaurant, LLC, which operates an upscale restaurant that serves fusion cuisine, com- bining foods from cultures around the world. Fusion Restaurant, LLC, as a busi- ness, borrows $1 million from Melon Bank for operating capital. Abigail, Ben, and Maggie are so busy cooking, serving, and running the restaurant that they forget to hold members' meetings, keep minute books, or otherwise observe any usual company formalities for the entire first year of business. After this one year of hard work, Fusion Restaurant, LLC, suffers financial difficulties and de- faults on the $1 million bank loan from Melon Bank. Melon Bank sues Fusion Restaurant, LLC, Abigail, Ben, and Maggie to recover the unpaid bank loan. Who is liable

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