Which of the Following Would Disqualify a Corporation from Electing

question 19

Multiple Choice

Which of the following would disqualify a corporation from electing the S Corporate form?

• A) There are 82 shareholders
• B) The corporation only has one class of stock
• C) The corporation is a holding company
• D) The corporation eventually expects to be a C Corporation

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Definitions:

Social Entrepreneurship

The practice of creating innovative solutions to address social problems through sustainable, entrepreneurial approaches.

Value-Added Funding

Investment in a company or project with the intention of adding value beyond just the monetary investment, often through strategic guidance, resources, or expertise.

Social Impact

The effect of an activity on the social fabric of the community and the well-being of individuals and families.

Venture Philanthropists

Individuals or organizations that apply venture capital principles to philanthropy, focusing on building the capacity and sustainability of non-profits or social enterprises.