A manager of a manager-managed limited liability company (LCC) does not owe a duty of loyalty to the LCC. The statement was false. Thus, the option (b) is correct.
What is manager?
The term manager refers to manage the company. The manger responsibility and duty to manage the all the company work and guided the employees.
Manager are manage the organization but, as limited liability is not the ownership interest in the LLC. The manager duties to higher the employees and maintain the discipline of the company. The manager as duty to of loyalty to the LCC.
As a result the statement was false. Therefore, option (b) is correct.
Learn more about on manager, here:
https://brainly.com/question/17312484
#SPJ4
