Under proposed regulations issued by the Treasury Department, in which of the following situations should an LLC member be treated as a general partner for self$-$employment tax purposes?

Multiple Choice

The member is not personally liable for any of the LLC debt.

The member has authority to contract on behalf of the LLC$.$

The member spends $450$ hours participating in the management of the LLC$\text{'}$s trade or business during the taxable year.

The member is listed on the LLC$\text{'}$s letterhead.