An S Corporation Cannot Have More Than 100 Shareholders

question 21

True/False

An S corporation cannot have more than 100 shareholders.

---

Definitions:

Pure Strategy Equilibria

A concept in game theory where each player chooses a single strategy that results in the best outcome for them, given the strategies chosen by other players in the game.

Swerve

A sudden change in direction or position, typically used to avoid collision or an obstacle.

Drive Straight

a directive or action where one proceeds forward without turning, often used in navigation or driving instructions.

Nash Equilibrium

A concept within game theory where each player's strategy is optimal, given the strategies of all other players, leading to a situation where no player has anything to gain by changing only their own strategy.