What Characteristic of a C Corporation Will Make It Possible

question 60

Multiple Choice

What characteristic of a C corporation will make it possible to pass the corporation on to new owners after the original owners pass away?

• A)vesting
• B)the laws of inheritance
• C)transferable ownership
• D)stockholder rights

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Definitions:

Intelligence

The ability to acquire and apply knowledge and skills.

Family-Environment Effect

This refers to the impact that the immediate family environment has on an individual's development, including their behaviors, attitudes, and emotional well-being.

College Aptitude

is a measure of a student's ability to perform and succeed in college-level education, often assessed through standardized tests.

Reading Ability

The capacity to comprehend, interpret, and derive meaning from written words and sentences.