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:

Socialization

The process through which individuals learn and adopt the norms, values, and behaviors appropriate to their society or social group.

Cultural Capital

The non-financial social assets that promote social mobility, including education, intellect, style of speech, dress, or physical appearance.

Symbols

Objects, figures, or colors used to represent ideas, concepts, or other abstractions.

Concrete Sensations

Direct and tangible feelings or perceptions derived from physical stimuli.