Fred, Mike, Reid and Connor create Double Done LLC, a family recreation center. Their operating agreement specifically states that Mike will make the day to day decisions and that Fred, Reid and Connor will have little input except for major decisions. This type of LLC is

Question

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This is a Manager-managed LLC because the operating agreement designates Mike to make the day-to-day decisions, indicating that not all members are equally involved in the management, which is characteristic of a manager-managed LLC.

Fred, Mike, Reid and Connor Create Double Done LLC, a Family