Which of the Following Corporations Is Allowed to Make an S

question 45

Multiple Choice

Which of the following corporations is allowed to make an S corporation election?

• A)A small U.S.owned and operated company with two individual owners.
• B)A U.S.corporation owned by a Brazilian corporation.
• C)A U.S.owned and operated corporation with 7,000 separate shareholders.
• D)None of the above could be an S corporation.

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Definitions:

Vitamin C

An essential nutrient and antioxidant important for immune function, skin health, and the repair of body tissues.

Vitamin B12

Vitamin B12 is a water-soluble vitamin necessary for the formation of red blood cells, neurological function, and DNA synthesis.

Ileum

The last portion of the small intestine. It is directly attached to the large intestine.

Small Intestine

A long, coiled part of the digestive system where most of the absorption of nutrients occurs.