An S Corporation Can Be a Shareholder in Another Corporation

question 166

True/False

An S corporation can be a shareholder in another corporation.

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Definitions:

Adulthood Responsibilities

The duties and obligations that are typically expected of an individual upon reaching adulthood, including financial independence, employment, and possibly starting a family.

Stagnant

Showing no activity; dull and inactive, often used to describe water or air that lacks movement and growth.

Well-being

The state of being comfortable, healthy, or happy, encompassing both physical health and emotional satisfaction.

Self-esteem

An individual's subjective evaluation of their own worth or personal value.