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NEW QUESTION: 1
Eller, Fort and Owens are members of Venture Associates, LLC. Trent Corp. brought a breach of contract
suit against Venture for a contract executed by Eller as an agent of the LLC. If Trent prevails, Trent will
generally be able to collect the judgment from:
A. The personal assets of Eller, Fort and Owens jointly.
B. Eller's personal assets only after LLC assets are exhausted.
C. The LLC's assets only.
D. Eller's personal assets only.
Choice "a" is correct.
Rule: Members of an LLC are not personally liable for the LLC's obligations. Moreover, an agent is not
liable on a contract the agent enters into on behalf of a disclosed principal. Here, the contract was entered
into by Eller on behalf of Venture, an LLC, and Eller disclosed that he was acting only as an agent of
Venture. Thus, Trent Corp. can collect from the LLC'S assets only.
Choices "b", "c", and "d" are incorrect, per the above rule.
NEW QUESTION: 2
A customer has an existing transactional database on an existing older storage system that is failing to meet its performance requirements.
Which replacement solution will provide the greatest increase in performance?
A. IBM Storwize V7000 with Easy Tier
B. IBM SAN Volume Controller with SSD
C. IBM FlashSystem
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