Differences in Voting Powers Are Permissible Across Shares of S

question 90

True/False

Differences in voting powers are permissible across shares of S corporation stock as long as the shares have identical distribution and liquidation rights.

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Definitions:

False Light

A privacy tort in which one is inappropriately and falsely portrayed in a way that could damage their reputation.

Defamation

A false statement made by one individual about another, which causes harm to the person’s reputation.

Truth

Conformity to fact or reality; accurate representation of a matter.

Privilege

A special right, advantage, or immunity granted to a particular person or group, often protected under law.