NYLC Practice Questions & Answers via NYLC (Updated 2026)

NYLC Practice Questions & Answers
via NYLC (Updated 2026)
WhatBisBtheBconsequenceBofBorganizingBaBregisteredBlimitedBliabilityBpartnershipB(RLLP):



A.BAllBofBtheBpartnersBareBpersonallyBliableBforBtheBdebtsBandBobligationsBofBtheBpartnership
,BincludingBmalpracticeBclaims.



B.BAllBofBtheBpartnersBareBliableBforBtheBdebtsBandBobligationsBofBtheBpartnership,Bincluding
BmalpracticeBclaims,BwhichBmayBonlyBbeBsatisfiedBoutBofBpartnershipBproperty.



C.BEachBmemberBofBtheBpartnershipBisBpersonallyBliableBforBanyBnegligentBorBwrongfulBactBc
ommittedBbyBhimBorBbyBaBpersonBunderBhisBdirectBsupervisionBinBrenderingBprofessionalBser
vicesBonBbehalfBofBtheBRLLP.



D.BNoneBofBtheBpartnersBareBpersonallyBliableBforBanyBofBtheBdebtsBandBobligationsBofBtheB
partnership.B-
BAnswerC.BEachBmemberBofBtheBpartnershipBisBpersonallyBliableBforBanyBnegligentBorBwrongf
ulBactBcommittedBbyBhimBorBbyBaBpersonBunderBhisBdirectBsupervisionBinBrenderingBprofessi
onalBservicesBonBbehalfBofBtheBRLLP.



IfBtheBarticlesBofBorganizationBforBaBlimitedBliabilityBcompanyBareBsilentBasBtoBmanagement,B
theBlimitedBliabilityBcompanyBwillBbeBdeemedBtoBbeBmanagedBbyBits:



A.BManagers.

B

B.BMembers,BwithBeachBmemberBhavingBanBequalBvote.



C.BMembers,BvotingBinBproportionBtoBtheirBsharesBofBtheBLLC'sBcurrentBprofits.

B

D.BManagersBorBitsBmembersBasBprovidedBinBtheBoperatingBagreement.B-
BAnswerC.BMembers,BvotingBinBproportionBtoBtheirBsharesBofBtheBLLC'sBcurrentBprofits.



InBorderBtoBpreserveBtheirBappraisalBrights,BshareholdersBwhoBopposeBanBamendmentBtoBthe
BcertificateBofBincorporationBthatBlimitsBtheirBvotingBrightsBmust:

,A.BVoteBinBpersonBorBbyBproxyBagainstBtheBproposedBmeasure.



B.BGiveBwrittenBobjectionBtoBtheBcorporationBbeforeBtheBvoteBisBtaken.



C.BGiveBwrittenBobjectionBtoBtheBcorporationBwithinBaBreasonableBtimeBafterBtheBvoteBisBtak
en.

B

D.BFileBaBdemandBforBappraisalBwithBtheBcorporationBbeforeBaBvoteBisBtaken.B-
BAnswerB.BGiveBwrittenBobjectionBtoBtheBcorporationBbeforeBtheBvoteBisBtaken.



ABNewBYorkBcourtBapplyingBaBconflictBofBlawBanalysisBinBanBactionBbroughtBinBNewBYorkBby
BaBNewBYorkBresidentBagainstBaBnonresidentBmustBfirstBdetermine:



A.BWhetherBtheBnonresidentBisBdomiciledBinBaBjurisdictionBlocatedBoutsideBofBtheBUnitedBSta
tes.

B

B.BWhetherBthBactionBhasBbeenBtimelyBbroughtBunderBNewBYorkBlaw.

B

C.BWhetherBthereBisBanBactualBconflictBbetweenBtheBlawsBofBNewBYorkBandBtheBotherBjurisd
ictionBthatBgovernsBtheBparties'Bdispute.

B

D.BWhetherBthereBisBaBlawBinBNewBYorkBrelevantBtoBtheBdisputeBthatBprotectsBNewBYorkBre
sidents.B-
BAnswerC.BWhetherBthereBisBanBactualBconflictBbetweenBtheBlawsBofBNewBYorkBandBtheBoth
erBjurisdictionBthatBgovernsBtheBparties'Bdispute.



StateBXBlawBimposesBtortBliabilityBonBanBactorBforBparticularBconduct.BNewBYorkBdoesBnotBre
gulateBtheBconductBatBissue.BInBanBactionBinBNewBYorkBbetweenBNewBYorkBresidentsBtoBrec
overBdamagesBforBinjuriesBsustainedBinBanBaccidentBinBStateBX,BwhichBinjuriesBwereBcausedB
byBtheBdefendantBhavingBengagedBinBtheBparticularBactivity,BtheBlawBofBwhichBstateBwillBapp
lyBinBdeterminingBliability?



A.BStateBX,BbecauseBaBstate'sBlawBregardingBtheBactivityBatBissueBisBconduct-regulating

, B.BStateBX,BbecauseBtheBaccidentBoccurredBthere,BregardlessBofBtheBnatureBofBtheBlawBatBiss
ue.

B

C.BNewBYork,BbecauseBtheBactionBisBpendingBhere.

B

D.BNewBYork,BbecauseBtheBpartiesBareBbothBNewBYorkBresidents.B-
BAnswerA.BStateBX,BbecauseBaBstate'sBlawBregardingBtheBactivityBatBissueBisBconduct-
regulating



ABtestatorBexecutedBherBwillBinBNewBYorkBwhileBdomiciledBhere.BIfBtheBtestatorBsubsequently
BdiesBinBStateBXBwhileBdomiciledBthere,BowningBrealBpropertyBinBNewBYorkBandBpersonalBpr
opertyBinBStateBX,BtheBlawBofBwhichBstateBwillBdetermineBtheBdispositionBofBtheBtestator'sBe
state?



A.BStateBXBasBtoBallBofBtheBtestator'sBproperty,BbecauseBtheBdecedentBwasBdomiciledBthereB
atBtheBtimeBofBher

death.

B

B.BStateBXBasBtoBallBofBtheBtestator'sBproperty,BbecauseBtheBdecedentBdiedBthere.

B

C.BNewBYorkBasBtoBallBofBtheBtestator'sBproperty,BbecauseBtheBwillBwasBexecutedBinBNewBYo
rk.

B

D.BNewBYorkBasBtoBtheBtestator'sBrealBpropertyBandBStateBXBasBtoBtheBtestator'sBpersonalBpr
operty.B-
BAnswerD.BNewBYorkBasBtoBtheBtestator'sBrealBpropertyBandBStateBXBasBtoBtheBtestator'sBper
sonalBproperty.



BeforeBanBagencyBadoptsBaBnewBrule,BaBpublicBhearing:

B

A.BIsBalwaysBrequired.

B

B.BIsBneverBrequired.

B

C.BMayBbeBrequiredBifBthereBisBaBstatuteBthatBspecificallyBrequiresBthatBaBhearingBbeBheld.