TN Bar Practice Questions - Tennessee Bar Examination Exam

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An LLC member sues to recover for harm done to the LLC itself by a manager's misconduct. The injury is to the entity, not to the member individually. What type of action must the member generally bring?

A direct action in the member's own name A criminal complaint A class action against all members A derivative action on behalf of the LLC

Correct Answer:

A derivative action on behalf of the LLC

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