LLC Pop Quiz 3

Organize these options into the right categories

• Day-to-day operations

• Pass-thru

• LLC default tax status

• Manager

• Maintenance requirement

• Annual Report

• Ownership expression

• Percentages

Match the following

• Managed by all the members

• Member Managed

• Two or more owners

• Single Member LLC

• One owner

• Multi Member LLC

• Managed by some members/other managers

• Manager Managed