Which Statement Is Incorrect with Respect to the Number-Of-Shareholders Test

question 96

Multiple Choice

Which statement is incorrect with respect to the number-of-shareholders test in filing an S election?

• A) Husband Jaime and wife Maria count as one shareholder.
• B) Grandmother Adela and granddaughter Maria count as one shareholder.
• C) Husband Jaime and the estate of wife Maria count as one shareholder.
• D) Husband Jaime and ex-wife Isabel count as one shareholder.
• E) None of the above statements is incorrect.

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Definitions:

Passers-By

Individuals who are going past a particular location on foot or by another means of transportation, often without stopping.

Insults

Remarks or actions intended to offend, demean, or criticize someone, often used to express contempt or to hurt someone's feelings.

Sports Crisis

A situation that disrupts the normal functioning or integrity of sports organizations or events, often caused by scandals, financial problems, or disputes.

Misinterpreted Comments

Remarks or statements that have been understood incorrectly, leading to confusion or misunderstanding.