Which,if Any,of the Following Can Be Eligible Shareholders of an S

question 22

Multiple Choice

Which,if any,of the following can be eligible shareholders of an S corporation?

• A)A child,age 10.
• B)A resident alien.
• C)A voting trust.
• D)An estate of a deceased shareholder.
• E)All of the above can own stock.

Identify the variables in financial formulas and understand their practical implications.

Evaluate different types of savings and investment accounts for specific savings goals.

Calculate the future value of regular deposits into savings accounts.

Understand the concept of insurance on bank accounts by a government agency.

---

Definitions:

Customer Service

The assistance and advice provided by a company to those people who buy or use its products or services.

Preach Cleanliness

Advising or promoting the practice of being clean and maintaining good hygiene as a moral or ethical duty.

Practice Cleanliness

The habit or practice of maintaining cleanliness and hygiene in personal and communal spaces to promote health and prevent disease.

Mirror Neurons

Neurons that fire both when an individual acts and when the individual observes the same action performed by another, thought to be the basis of empathy and learning by imitation.