Any Corporation with More Than 100 Shareholders Is Automatically Considered

question 100

True/False

Any corporation with more than 100 shareholders is automatically considered a C corporation for federal income tax purposes.

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Definitions:

Eusocial Behavior

The highest level of social organization, characterized by cooperative brood care, division of labor, and overlapping generations within a colony of animals.

Inclusive Fitness

Describes an individual’s combined fitness, including its own reproduction as well as any increase in the reproduction of its relatives due specifically to its own actions.

Cervical Vertebrae

The vertebrae of the neck region, forming the upper part of the spinal column and providing support and mobility to the head.

Ultimate Explanation

Refers to the deepest level of understanding for the reasons behind phenomena, often seeking to explain why things are the way they are in a broad, fundamental way.