Examlex
Which of the following is the single most important reason for expatriate dissatisfaction?
Corporation
A legal entity recognized by law as separate from its owners, with its own rights, privileges, and liabilities.
S Corporation Election
A tax status election made by a corporation with the Internal Revenue Service to be taxed as a pass-through entity, avoiding double taxation on corporate income.
Shareholders' Consent
The approval or agreement by shareholders, often required for major company decisions, typically obtained through voting mechanisms.
Majority
Majority refers to more than half of a particular group or amount, often used to describe the requirement for decision-making in voting contexts.
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