A New Start-Up Corporation Is Formed by Three Individuals

question 95

True/False

A new start-up corporation is formed by three individuals.They expect the corporation will experience losses in its first few years.The shareholders will prefer to have the corporation taxed as a C corporation rather than making an S election.

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Definitions:

Child Abuse Prevention

Strategies and measures aimed at stopping maltreatment of children, including physical, emotional, and sexual abuse, as well as neglect.

"Good" and "Bad" Touching

The understanding and distinction between touches that are safe and respectful, vs. those that are harmful and disrespectful.

Sexual Abuse Prevention

Strategies and measures taken to protect individuals from unwanted or illegal sexual activities.

Rape

A criminal act involving sexual intercourse or other forms of sexual penetration carried out against a person without their consent.