What Is the Maximum Number of Unrelated Shareholders a C

question 66

Multiple Choice

What is the maximum number of unrelated shareholders a C corporation can have, the maximum number of unrelated shareholders an S corporation can have, and the maximum number of partners a partnership may have, respectively?

• A)100; no limit; no limit
• B)no limit; 100; 2
• C)no limit; 100; no limit
• D)100; 100; no limit

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Definitions:

Independent Contractors

Individuals who provide services to another entity under terms specified in a contract or within a verbal agreement, not considered employees.

On-demand Projects

Tasks or projects that are initiated and executed in response to specific demands or requirements, often characterized by their immediate nature and short turnaround times.

Safe Environment

A setting where individuals are protected from physical, psychological, or emotional harm, facilitating a sense of security and well-being.

Heated Conversation

An intense or passionate discussion, often characterized by emotional or angry exchange.