In Which of the Following Is the Number of Shareholders

question 58

Multiple Choice

In which of the following is the number of shareholders capped, usually at 100?

• A) S corporation
• B) Partnership
• C) Sole proprietorship
• D) Association
• E) Limited liability company

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Definitions:

De Facto

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A proposed amendment to the U.S. Constitution aimed at guaranteeing equal legal rights for all American citizens regardless of sex.