Which of the Following Classes of Corporation May Not Distribute

question 2

Multiple Choice

Which of the following classes of corporation may not distribute surplus revenue from its operations to its members?

• A)An S corporation
• B)For-profit corporation
• C)Not-for-profit corporation
• D)Publicly held corporation

---

Definitions:

Intentional Deception

The act of deliberately misleading or lying to others, potentially to gain an advantage or hide information.

Unfair Economic Advantage

A situation where a business or country gains a superior position in the market or economy through unethical, illegal, or inequitable practices.

Accounting Fraud

Deliberate manipulation or falsification of financial records and statements to give a misleading view of a company's financial health.

Bond Ratings Agencies

Organizations that assess the creditworthiness of both sovereign and corporate issuers of debt securities, providing investors with information on the risk level of their investments.