A C Corporation Has Transferable Ownership,which Refers to the Fact

question 79

Multiple Choice

A C corporation has transferable ownership,which refers to the fact that ______.

• A)a C corporation can change its structure at any time after the first year
• B)it can issue stock in exchange for capital and can be passed on to new owners
• C)it can adapt to more employees as the company grows
• D)it can be owned by an unlimited number of shareholders

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Definitions:

OTL

An "Output Latch" instruction in programming that sets an output to a high state until explicitly reset.

Output Empty

Indicates that a system or module has no current output signals or data to send, possibly standing by for new instructions or input.

Examine If Closed

Instructs to check whether a circuit or contact is in a closed state, indicating a continuous electrical path.