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:

Flexion

A movement that decreases the angle between two body parts, such as bending an elbow or knee.

Extension

The movement by which the angle between two bones is increased, typically referring to limbs or joints.

Circumduction

A circular movement of a limb or eye that combines flexion, extension, abduction, and adduction.

Protraction

The act of moving a body part forward, as in pushing the shoulders or jaw forward.