A Stockholder in a Subchapter S Corporation

question 64

Multiple Choice

A stockholder in a Subchapter S corporation

• A) is not allowed to vote in elections to choose members of the S corporation's board of directors.
• B) cannot vote by proxy at stockholders' meetings.
• C) cannot become a member of the board of directors.
• D) cannot be a nonresident alien.

---

Definitions:

Legal Audit

A comprehensive review of an organization's adherence to legal obligations and regulatory requirements.

Environmental Audit

An evaluation process that systematically inspects an organization's environmental impact, compliance with environmental regulations, and practices to manage and improve environmental performance.

Political Strategy

A plan of action designed to achieve a specific political outcome, often used by politicians, governments, and organizations to influence public policy or opinion.

Bribing

The act of offering, giving, receiving, or soliciting something of value as a means of influence or persuasion, typically in an illegal or unethical manner.