Under Certain Circumstances, an S Corporation Can Have More Than

question 108

True/False

Under certain circumstances, an S corporation can have more than 100 shareholders.

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Definitions:

Erectile Dysfunction

A condition in which a man has persistent difficulty achieving or maintaining an erection sufficient for sexual intercourse.

Hypersexuality Disorder

A medical condition characterized by excessively high sexual urges or behaviors that affect one's life negatively.

Fibrosis

The thickening and scarring of connective tissue, usually as a result of injury or illness.

Cortisol

A steroid hormone produced by the adrenal glands, often referred to as the "stress hormone" due to its role in the body's stress response.