Only 51% of the Shareholders Must Consent to an S

question 119

True/False

Only 51% of the shareholders must consent to an S election.

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Definitions:

Nondisordered

Pertaining to a state or condition that does not meet the criteria for any mental health disorder.

Disordered

Pertains to or describes a disruption in normal function or arrangement.

Genetic Sex

An individual's sex as determined by their DNA, typically characterized by XX chromosomes for females and XY chromosomes for males.

Prenatal Development

The progression from fertilization to delivery, happening inside the uterus.