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

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Definitions:

Amplitude

The maximum extent of a vibration or oscillation, measured from the position of equilibrium.

Frequency

The rate at which a cyclic or periodic event occurs, typically measured in cycles per unit time.

Timbre

The characteristic of a sound that makes it identifiable from other sounds with the same pitch and loudness.

Purity

The state or quality of being clean, free from contaminants, or morally untarnished.