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An S Corporation May Not Have More Than 75 Shareholders

question 51

True/False

An S corporation may not have more than 75 shareholders.


Definitions:

Outlook

A Microsoft email and calendar program that helps users organize and manage their communications, schedules, and tasks.

Calendar Items

Entries or events scheduled in a calendar application, including appointments, meetings, and reminders.

Events

Occurrences, especially significant ones, which can be scheduled or recorded in calendars or logs.

Default Workday

The standard or typical day’s schedule as defined by an organization, often assumed to be Monday through Friday, 9 am to 5 pm.

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