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:

Tracking

Involves sorting students into high-ability, middle-ability, and low-ability classes based on the results of IQ and other tests.

Ability Classes

Educational groups categorized according to students' learning capabilities or academic performance, aimed at tailoring instruction to their specific needs.

Tests

Assessments or evaluations designed to measure knowledge, skills, abilities, or performance.

Interest In School

The level of curiosity, motivation, and engagement a person has towards academic learning and school-based activities.