Which of the Following Is a Requirement of an S-Corporation

question 2

Multiple Choice

Which of the following is a requirement of an S-corporation?

• A)maximum of 100 stockholders
• B)each stockholder must be a U.S.citizen or resident
• C)revenues must be less than $1 million annually
• D)all stockholders must concur with the decision to form the S-corporation

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Definitions:

Great-Grandparenting

The role and experience of being the grandparent to one's grandchild's child, involving relationships that span four generations.

Sense of Renewal

The feeling or experience of being refreshed or rejuvenated.

Mark of Longevity

Signifies indicators or characteristics associated with a longer lifespan.

Never Married

Refers to an individual who has never entered into a legally recognized marriage or partnership.