QUESTION $7$

Hypo

Same facts as above. Debbie didn't damage June's rug. Instead, June loved the paint job and gave Debbie an extra $$1,000$ in cash.

Assume Debbie respects her duty of loyalty to the LLC and deposits the $$1,000$ into Eagle Painting Services, LLC$\text{'}$s 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$\text{'}$s account at the close of its business operations is the $$1,000$ from June.

Question: Ih light of Debbie and lan's operating agreement $($mentioned above$)$ that has a mechanism for bringing Debbie and lan into parity in terms of their respective interests in the LLC$,$ how much of the $$1,000$ does lan get?

A$.$ $$0,$ because the money belongs to the LLC

B$.$ $$500,$ because lan and Debbie were the only two members of the LLC

C$.$ $$500,$ because if it weren't for Debbie's honoring her duty of loyalty the money wouldn't have been in the account in the first place

QUESTION $8$