Members of a Single Family May Be Counted as One

question 107

True/False

Members of a single family may be counted as one shareholder for S corporation purposes.

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Definitions:

Threat

A possible danger that might exploit a vulnerability to breach security and cause possible harm to a system or organization.

Supplier Power

The influence that suppliers have over the potential profits of the businesses they sell to, high supplier power can influence the terms and conditions of supplying goods and can affect price settings.

Buyers

Individuals or organizations that purchase goods or services for personal use, resale, or use in production.

Choices

The range of options available to someone at any given time for making decisions.