Which of the Following Is Not a Characteristic of an S

question 107

Multiple Choice

Which of the following is not a characteristic of an S corporation?

• A) Owners have limited liability
• B) The corporation is taxed directly on operating income
• C) The corporation can have no more than 100 shareholders
• D) Shareholders must consent to the S election by the corporation

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Definitions:

Remove a Stimulus

Refers to the process of eliminating a particular stimulus, which can affect behavior by decreasing the likelihood of a conditioned response.

Cognitive Theorist

A psychologist who studies how we encode, process, store, and retrieve information, and how this process affects our behavior.

Edward Tolman

An American psychologist known for his contributions to cognitive psychology, particularly in the study of learning and motivation.

Edward Thorndike

An American psychologist known for his work on the theory of learning based on the idea of connectionism, and for his contribution to educational psychology.