Which of the Following Statements About Stock Ownership Is Not

question 103

Multiple Choice

Which of the following statements about stock ownership is not correct?

• A)A C corporation can own stock of an S corporation.
• B)An S corporation can own stock of a C corporation.
• C)A tax-exempt charity can own stock of an S corporation.
• D)An S corporation can own stock of a Qualified Subchapter S Subsidiary.

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Definitions:

Driving Carefully

A behavioral practice that involves adhering to road safety rules and exercising caution while operating a vehicle to minimize the risk of accidents.

Psychological Health

A state of well-being in which an individual realizes his or her own abilities, can cope with the normal stresses of life, can work productively and fruitfully, and is able to make a contribution to his or her community.

Well-being

The state of being comfortable, healthy, or happy, encompassing physical, psychological, and social aspects.

Positive Emotions

Refers to feelings that are generally considered pleasurable or satisfying, such as joy, gratitude, contentment, and love.