Which of the Following,if True About the Owners' Plan for the New

question 65

Multiple Choice

Which of the following,if true about the owners' plan for the new business,would strengthen the case that it should be registered as an S corporation?

• A) They want their shareholders to be personally liable for the corporation's debts.
• B) They want to have an unlimited number of shareholders.
• C) They do not want the company to have to pay a corporate income tax.
• D) They do not want to have to meet any start-up requirements.
• E) They don't want to have a board of directors.

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Acceptance

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