A One-Person LLC Can Be a Shareholder of an S

question 79

True/False

A one-person LLC can be a shareholder of an S corporation.

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Definitions:

Withdrawal

The process or action of withdrawing, often referring to the physical and psychological reactions experienced when stopping or reducing the intake of a substance to which one has become addicted.

Child Abuse

Any action or lack of action by caregivers that results in harm or potential harm to a child, can be physical, emotional, sexual, or neglect.

Statistical Evidence

Data or information expressed in numerical form, used to support arguments, hypotheses, or as a basis for decision-making through analysis.

Socioeconomic Classes

Divisions of society based on social and economic status, affecting access to resources, opportunities, and privileges.