Corporations Cannot Be Shareholders in an S Corporation

question 49

True/False

Corporations cannot be shareholders in an S corporation.

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Definitions:

Standard Deviation

A statistic that measures the dispersion of a dataset relative to its mean and is calculated as the square root of the variance.

Midterm Exam

An examination administered halfway through an academic term or course to assess students' understanding of the material covered.

Statistics Class

An academic course that teaches the principles, theories, and application of statistical methods and analysis.

Random Variable

A variable whose values depend on outcomes of a probabilistic phenomenon.