What Is the Maximum Number of Unrelated Shareholders a C

question 49

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?

• 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:

Modularizing

The process of breaking down a system into smaller, independent modules that can be developed, tested, and deployed separately.

External Product Development

The process of creating new products or making improvements with the aid of external partners or resources.

Enhancements

Improvements or upgrades made to products, services, or systems to increase functionality or performance.

Alliances

Cooperative agreements that allow firms to remain independent, but cooperatively pursue strategies consistent with their individual missions.