
LLC Pop Quiz 1

Quiz
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•
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Easy
ZenBusiness CS Training
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where is an LLC filed?
At the state level
At the federal level
At the states county level
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What kind of protection does an LLC provide?
Owner name protection
Business name protection
Personal liability protection
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the owners of an LLC called?
Members
Managers
Organizers
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What is the role of an LLC manager?
Interview, hire, terminate employees
Open bank account, sign check, sign contracts, etc.
Responsible for the day-to-day operations
5.
CLASSIFICATION QUESTION
45 sec • 1 pt
Categorize the LLC management structure
Groups:
(a) Member managed
,
(b) Manager managed
Managed by all members, not just some
Managed by some members
Managed by people/entities that are not members
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