Which of the Following Statements Is True of an S-Corporation

question 76

Multiple Choice

Which of the following statements is true of an S-corporation?

• A) An S-corporation can have more than 100 stockholders.
• B) All profits of an S-corporation pass directly to the stockholders as they would pass to the partners in a partnership.
• C) An S-corporation is a variation of the LLC (limited liability company).
• D) Only foreign investors can own the shares of an S-corporation.

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Definitions:

LD50

The lethal dose of a toxin, radiation, or pathogen that is sufficient to kill 50% of the target population, used in toxicity testing.

Toxic

Having the effect of poisoning or harming the environment or living organisms, often used to describe chemicals or substances.

Dose-Response Curves

Graphical representations that show the relationship between the dose of a substance and its effects on an organism, often used in toxicology and pharmacology.