Which of the Following Conditions Will Not Cause an S

question 92

Multiple Choice

Which of the following conditions will not cause an S election to be terminated?

• A)exceeding the 100-shareholder limit
• B)creating a second class of stock having a dividend preference
• C)selecting an improper tax year
• D)failing to file a timely tax return

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Definitions:

Meningeal Inflammation

Inflammation of the meninges, the protective membranes covering the brain and spinal cord, often causing symptoms like fever, headache, and a stiff neck.

Stiff Neck

A condition characterized by soreness and difficulty in moving the neck, often due to muscle strain or tension.

Severe Headache

A significant and intense pain in the head, often requiring medical attention.

Subcutaneous Fat

A layer of fat located under the skin that helps insulate the body and acts as an energy reserve.