Define a Lewis Acid

question 11

Short Answer

Define a Lewis acid.

---

Definitions:

Subchapter S Stock

Refers to shares of corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes.

Capital Contributions

The funds or resources contributed by owners or shareholders for the use in furthering the business or enterprise.

Shareholder's Basis

The amount of a shareholder's investment in stock of a corporation, adjusted for various tax-related items.

Corporate Debt

Financial obligations owed by a corporation, typically in the form of bonds, loans, or other types of securities.