Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 20, 2024

Which of the following is true of an S corporation? It can be incorporated anywhere in the World. It cannot have more than one hundred

Which of the following is true of an S corporation?

It can be incorporated anywhere in the World.

It cannot have more than one hundred shareholders.

The corporation has two classes of stock: common stock and preferred stock.

It is capitalized as a general partnership firm.

Any person from anywhere in the World can become a shareholder of the S corporation.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Foundations Of Real Estate Financial Modelling

Authors: Roger Staiger

2nd Edition

1138046183, 978-1138046184

More Books

Students explore these related Finance questions

Question

A puttable bond is a bond which may be repaid before maturity at the investor?s option. Sketch a diagram similar to Figure showing the relationship between the value of a straight bond and that of a...

Answered: 3 weeks ago

Question

Describe and give examples of two types of Web mining.

Answered: 3 weeks ago

Question

Suppose the BIC statistic value for a logistic regression model with five explanatory variables is BIC5 = 234.56 and the BIC statistic value for a logistic regression model with only three of the...

Answered: 3 weeks ago

Question

When buying or leasing a new car, one of the factors that customers consider is the type of fuel it uses. Some people prefer vehicles that use diesel fuel, while others favor vehicles that use...

Answered: 3 weeks ago

Question

6. When reading data into a ar variable, after skipping any leading whitespace characters, the stores only the next character, reading stops after a single characte skipping any a True b. False 7. In...

Answered: 3 weeks ago

Question

Sarah and Henry are married but have decided to file separate tax returns in 2022. During the year, Sarah earned $38,000 and Henry earned $17,000. Sarah's itemized deductions are $19,000 and Henry's...

Answered: 3 weeks ago

Question

For simple orders (e.g., additional handsets or equipment), or when a customer has its own technical team to determine the necessary equipment, Company A's sales team verifies that the goods are...

Answered: 3 weeks ago

Question

The following information refers to parts 1-5 below, select the right answer from the drop-down menu and answer the compute questions. Consider a three-period (0, 1, and 2) binomial time-state model...

Answered: 3 weeks ago

Question

state the current situation of Learnenow inc and describe the team's goals and the desired outcome should be?

Answered: 3 weeks ago

Question

A collector found a bone near a former Mayan territory. After careful research it has been determined that the bone lost about 8% of its Carbon-14. Approximately how old is the bone? Could it have...

Answered: 3 weeks ago

Question

Sweet Memories Inc (for Q11-13) Sweet Memories Inc is a company that produces Customized Family Portraits. Preparing a Family Portrait involves 3-steps: Collect the Images and Stories, Edit, and...

Answered: 3 weeks ago

Question

1. The fi lm Erin Brockovich dramatically illustrates the power of listening. Watch the fi lm, and pay attention to how Julia Roberts, in the role of Erin Brockovich, shows she is listening carefully...

Answered: 3 weeks ago

Question

5. How we can improve our listening skills?

Answered: 3 weeks ago

Question

1. As a class, identify ethical principles that guide different listening purposes. What different moral goals and responsibilities accompany informational and critical listening and relationship...

Answered: 3 weeks ago

Previous Question Next Question