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NEW QUESTION: 1
What are the three characteristics of sub EnumMemberLists ()?
A. Specifies which dimensions have member lists
B. Names each member list in each dimension
C. Specifies the valid members for a member list
D. Is used to create both static and dynamic lists
E. Specifies the number of lists for each dimension
Answer: A,B,E

NEW QUESTION: 2
Which address block is reserved for locally assigned unique local addresses?
A. FD00::/8
B. 2002::/16
C. FB00::/8
D. 2001::/32
Answer: A

NEW QUESTION: 3
In a member managed LLC, the apparent authority of a member to bind the LLC in dealing with third
parties:
A. Will be effectively limited by a formal resolution of the members of which third parties are aware.
B. Will be effectively limited by a formal resolution of the members of which third parties are unaware.
C. Must be derived from the express powers and purposes contained in the operating agreement.
D. Would permit a member to submit a claim against the LLC to arbitration.
Answer: A
Explanation:
Choice "c" is correct. This is really an agency question on apparent authority. Apparent authority is
authority that a third party reasonably believes an agent has. If the third party is aware of a restriction on
the agent's authority, the third party cannot reasonably believe that the agent has the restricted authority.
Choice "a" is incorrect. Submitting a claim to arbitration is an extraordinary act and so is not within a
member's apparent authority. Choice "b" is incorrect. Apparent authority is derived from what the
reasonable person believes is the authority of a member, not the express powers and purposes contained
in the operating agreement. Choice "d" is incorrect. A formal resolution of the members will not be
effective to destroy apparent authority if third parties are unaware of the resolution.