Question: SPARK, LLC , defaults on a $ 1 0 0 , 0 0 0 loan made to the LLC . The LLC has $ 2

SPARK, LLC, defaults on a $100,000 loan made to the LLC. The LLC has $20,000 in cash and liquid assets. The bank recovers the $20,000 and then sues each member for the remaining $80,000. How much personal liability does each member have? (2.5pts)
SPARK, LLC, defaults on a $100,000 loan made to the LLC.

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