What Is the Maximum Number of Unrelated Shareholders a C

question 66

Multiple Choice

What is the maximum number of unrelated shareholders a C corporation can have, the maximum number of unrelated shareholders an S corporation can have, and the maximum number of partners a partnership may have, respectively?

• A)100; no limit; no limit
• B)no limit; 100; 2
• C)no limit; 100; no limit
• D)100; 100; no limit

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Definitions:

Genetics

The scientific study of heredity and the variation of inherited characteristics.

Heredity

The passing of physical or mental characteristics genetically from one generation to another.

Science

A systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe.

Behavioral Genetics

A field of study that examines the role of genetics and environmental influences on behaviors.