Which of the Following Is Prohibited from Being an S

question 120

Multiple Choice

Which of the following is prohibited from being an S corporation shareholder?

• A) Foreign citizens that are U.S. residents.
• B) U.S. citizens.
• C) C Corporations.
• D)51 unrelated individuals.
• E)None of these

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Definitions:

Chili Cheese Fries

A popular fast food dish consisting of french fries topped with chili and melted cheese.

Pizza Price

The cost at which a pizza is offered for sale, which can vary based on location, ingredients, and establishment.

Supply Curve

A graph showing the relationship between the price of a good and the quantity of that good that suppliers are willing to sell.

Pizza

A popular dish of Italian origin consisting of a round, flat base of dough topped with tomatoes, cheese, and various other ingredients baked at a high temperature.