Under Certain Circumstances, an S Corporation Can Have More Than

question 108

True/False

Under certain circumstances, an S corporation can have more than 100 shareholders.

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Definitions:

Creativity Issue

Challenges related to generating original and innovative ideas or solutions.

New Concept

An original idea, approach, or innovation that has not been previously thought of or implemented.

Csikszentmihalyi

A psychologist best known for his theory of flow, a state in which people are so involved in an activity that nothing else seems to matter.

Flow

The feeling of oneness with an activity that allows an individual to uniquely experience an event or activity by becoming totally engaged in the process; term was coined by Mihaly Csikszentmihalyi.