LLC Pop Quiz 3

Organize these options into the right categories

• LLC default tax status

• Annual Report

• Maintenance requirement

• Manager

• Day-to-day operations

• Pass-thru

• Ownership expression

• Percentages

Match the following

• Managed by all the members

• Manager Managed

• One owner

• Multi Member LLC

• Two or more owners

• Single Member LLC

• Managed by some members/other managers

• Member Managed