Business, 08.04.2021 02:20 fatumasiraj
Legal Applications
11. Greg, Eloise, and Jana Hook decided to form a ski rental and repair business as
an LLC. Jana invested $250,000 and Eloise and Greg each invested $100,000.. The
operating agreement indicated that they had elected per capita voting. Two
years later they were considering opening a second location. In the decisive
vote, Jana voted not to open the business but Eloise and Greg voted to do so.
Will the LLC be authorized to open the second location as a result of the vote?
Explain your answer.
Answers: 2
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Legal Applications
11. Greg, Eloise, and Jana Hook decided to form a ski rental and repair business...
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