Which of the Following Is a Difference Between a C

question 90

Multiple Choice

Which of the following is a difference between a C corporation and an S corporation?

• A) The members of a C corporation have unlimited liability, whereas the members of an S corporation enjoy limited liability.
• B) The members of a C corporation have limited liability, whereas the members of an S corporation have unlimited liability.
• C) A C corporation is double taxed, whereas an S corporation is taxed as a partnership.
• D) A C corporation is taxed as a partnership, whereas an S corporation is double taxed.

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Definitions:

OEMs

OEMs stands for Original Equipment Manufacturers, which are companies that produce parts and equipment that may be marketed by another manufacturer.

High Bus Wiring

Electrical wiring systems in vehicles or electronic systems that operate at higher voltages for efficient signal transmission.

Low Bus Wiring

Wiring techniques or systems used in low-level voltage applications, particularly in bus or coach electrical systems for safe and efficient power distribution.

Clock Speeds

The operating frequency of a computer's CPU or other digital circuits, indicating how many cycles per second they can perform.