The Major Differences Between an S Corporation and a Limited

question 186

True/False

The major differences between an S corporation and a limited liability company are limits on the number of owners and the citizenship status of individuals who are owners.

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Definitions:

Ethnic Groups

Groups of people who share a common culture, language, ancestry, or other social characteristics.

White

Pertains to a racial classification and social identity typically associated with people of European descent.

Genocide

The calculated and methodical elimination of a community distinguished by its national, racial, political or cultural distinctions.

Tutsi Minority

An ethnic group that forms a minority of the population in Rwanda and Burundi, historically playing a significant role in the social and political dynamics of these countries.