LLC Pop Quiz 3

Organize these options into the right categories

• Day-to-day operations

• Percentages

• LLC default tax status

• Pass-thru

• Ownership expression

• Manager

• Maintenance requirement

• Annual Report

Match the following

• Two or more owners

• Member Managed

• Managed by all the members

• Single Member LLC

• One owner

• Multi Member LLC

• Managed by some members/other managers

• Manager Managed