Please help me answer ALL questions

7. Which of the following statements is incorrect? e number of owners of an LLC is not limited f the LLC has three or more corporate characteristics, it will be taxed as a LLC can elect to be taxed as a C nly a and c b., and c. are incorect. 8. Identify a disadvantage of being an S corporation. states can be shareholders. osses flow t he AMT on h immediately to the shareholders. 1. income flows as excludible to sharcholders. e of the S election. of the above is a 9. The maximum number of actual shareholders in an S ation is: other ndeterminable 10. Which ite has no effect on an S corporation's AAA? tock ost of sold ital loss