Identify Which of the Following Statements Is False

question 57

Multiple Choice

Identify which of the following statements is false.

• A)The check-the-box regulations permit an LLC to be taxed as a C corporation.
• B)Under the check-the-box regulations, an LLC that has only two members (owners)must be taxed as a partnership.
• C)A business need not be incorporated under state or federal law to be taxed as a corporation.
• D)Once an election is made to change its classification, an entity cannot change again for 60 months.

Learn the appropriate manners for resigning from a job and declining job offers.

Understand the timing and professionalism required in responding to employers during the job application process.

Recognize the importance of conducting oneself professionally at all stages of the job application and interview process.

Understanding the importance of follow-up messages after interviews.

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Definitions:

Exercise Price

The exercise price is the price at which the holder of an options contract can buy or sell the underlying asset when the option is exercised.

Exchange Ratio

The rate at which one asset or security can be exchanged for another in a merger, acquisition, or other financial transactions.

Warrant

A security that grants the holder the right to buy a company's stock at a specific price before a certain date.

Convertible Debentures

A type of bond that can be converted into a predetermined number of shares of the issuing company’s stock at certain times during its life, usually at the discretion of the bondholder.