Question: When the limited liability company (LLC) is manager managed, _____. all members have actual and apparent authority to bind the LLC to contracts on its

When the limited liability company (LLC) is manager managed, _____.

all members have actual and apparent authority to bind the LLC to contracts on its behalf

all member votes have equal weights

non-manager members also have duty of care and fiduciary duty

only managers have the legal authority to bind the firm

firm decisions that are extraordinary can be taken only by its manager members

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