Question

Simone is a manager of Rolling Hills Resort LLC, a limited liability company. Rolling Hills is formed in a state that does not explicitly create fiduciary duties for LLC managers but does require the exercise of good business judgment. Unless a court rules otherwise, Simone owes fiduciary duties to
a. Rolling Hills's members.
b. Rolling Hills's suppliers.
c. Rolling Hills's customers.
d. none of the choices.

Answer

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