Question
Diego, his parents, and three brothers own all the stock of their family corporation, and each person takes an active role in managing the enterprise.
Diego, his parents, and three brothers own all the stock of their family corporation, and each person takes an active role in managing the enterprise. This corporation, which is taxed as a corporation, is most likely a(n)
| a. | S corporation. | |
| b. | professional corporation. | |
| c. | close corporation. | |
| d. | proprietorship |
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Understanding the Law
Authors: Donald L. Carper, John A. McKinsey
6th edition
538473592, 978-0538473590
