An S Corporation May Not Have More Than 75 Shareholders

question 51

True/False

An S corporation may not have more than 75 shareholders.

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Definitions:

Decentralized Firms

Decentralized Firms are organizations that distribute decision-making powers and operational activities across various levels and departments rather than centralizing control in a single location or group.

Centralized Organizations

Organizations where decision-making authority is concentrated at the top levels of management.