Which of the Following Is True of an S Corporation

question 35

Multiple Choice

Which of the following is true of an S corporation?

• A) The corporation can have no more than 100 shareholders.
• B) Only foreign corporations with more than 10 shareholders can be an S corporation.
• C) They are taxed at the corporate level.
• D) The corporation must be a member of an affiliated group of corporations.

---

Definitions:

Concentrated Occupations

Fields of work where a significant majority of the workforce is of a particular gender, ethnicity, or other demographic marker.

Patriarchy

A societal structure where males dominate by having the main authority, leading in political powers, exerting moral influence, enjoying social advantages, and managing ownership of assets.

Society

A large group of individuals living together in a more or less ordered community with shared laws, traditions, and values.

Gendered Institutions

The total pattern of gender relations that structure social institutions, including the stereotypical expectations, interpersonal relationships, and the different placement of men and women that are found in institutions.