An S Corporation Cannot Be a Shareholder in Another Corporation

question 30

True/False

An S corporation cannot be a shareholder in another corporation.

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Definitions:

Codetermination

Cooperation between management and workers in decision-making, particularly by the representation of workers on boards of directors.

Decision-Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Workers' Representation

The process by which workers select individuals or bodies to negotiate and communicate on their behalf with management.

Meganational Strategy

No real key term defined as "Meganational Strategy."