Question
A, B, C are the shareholders of an S corporation. A owns 50 shares, B owns 25 shares and C owns 15 shares. A wants
A, B, C are the shareholders of an S corporation. A owns 50 shares, B owns 25 shares and C owns 15 shares. A wants to revoke the S election. B and C do not want to revoke the S election. Can A revoke the S election without B and Cs consent? Why?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley Eakins
6th International Edition
0321552113, 9780321552112
