28
QuizMultiple Choice

Business Essentials — Quiz

Question 28 • Financial Math

An LLC has three members: Member A invested $⁢50,000 , Member B invested $⁢30,000 , and Member C invested $⁢20,000 The LLC incurs a debt of $⁢150,000 What is the maximum amount Member B can be held financially responsible for?

Answer
A
150 dollars comma 000
B
30 dollars comma 000
C
50 dollars comma 000
D
45 dollars comma 000

Explanation

An LLC generally protects its members from personal responsibility for the company’s debts. Member B’s maximum financial exposure is the $30,000 invested in the LLC, rather than a share of the $150,000 debt. The correct choice is $30,000.

AI-written and checked against the verified answer.

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