Which Corporation Is Eligible to Make the S Election

question 8

Multiple Choice

Which corporation is eligible to make the S election?

• A) Non-U.S. corporation.
• B) One-person limited liability company.
• C) Insurance company.
• D) U.S. bank.
• E) None of these.

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Definitions:

Human Resource Management

The practice of recruiting, hiring, deploying, and managing an organization's employees.

Health and Safety Programs

Initiatives and procedures implemented by organizations to prevent injury and illness in the workplace and ensure compliance with safety regulations.

Industrial Relations

The study and practice of managing the workforce, including the relationships between employers and employees, labor unions, and government agencies.

Operations Department

The division within an organization responsible for overseeing the day-to-day execution of the company's operational activities.