An S Corporation Must Possess the Following Characteristic(s)

question 112

Multiple Choice

An S corporation must possess the following characteristic(s) :

• A) No more than 100 shareholders.
• B) Corporation organized in the U.S.
• C) Only one class of stock.
• D) All of the above are required of S corporations.
• E) None of the above is required for S corporations.

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Definitions:

Stereochemistry

The study of the spatial arrangement of atoms within molecules and its influence on the chemical and physical properties of substances.

(S)-3-chloro-3-methylhexane

A chiral compound with a specific three-dimensional arrangement around the chiral center, designated by the (S) configuration.

Asymmetric Carbon

A carbon atom bonded to four different atoms or groups of atoms, making it a chiral center.

R or S

Notation used in chemistry to describe the absolute configuration of chiral centers in molecules, indicating the spatial arrangement of atoms.