Examlex
There are four characteristics that a C Corporation must meet in order to elect Subchapter S status.List the characteristics.
Profit-driven
Motivated primarily by the pursuit of financial gain rather than other values such as quality or ethics.
Insurance Industry
A sector composed of companies that offer risk management in the form of insurance contracts, helping individuals and businesses mitigate financial loss.
Economic Liberty
The freedom to choose how to produce, sell, and purchase goods and services in the absence of undue government restrictions.
Avik Roy
A healthcare policy expert, writer, and president of the Foundation for Research on Equal Opportunity, known for his contributions to discussions on healthcare reform and policy.
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