Wednesday, 16 July 2014

Is there any conflict of interest if one of the shareholders/memebers of LLC (which is in business of buying and selling real estate) buys t...

Question

Is there any conflict of interest if one of the shareholders/memebers of LLC (which is in business of buying and selling real estate) buys the property the LLC owns ?



Answer

It's not automatic, but at least likely that there will be a conflict of interest in such a situation.



No comments:

Post a Comment