What Class of Stock Do S Corporations and LLCs Have

question 24

Multiple Choice

What class of stock do S corporations and LLCs have?

• A) Common
• B) Preferred
• C) Diluted
• D) Inflated

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Definitions:

Beta Emissions

A type of radioactive decay in which an unstable atomic nucleus emits a beta particle to become more stable.

Pollution Tax

A tax imposed on the emission of pollutants, aimed at reducing environmental damage by encouraging cleaner production and consumption practices.

Positive Externalities

Benefits experienced by third parties or society at large from an economic transaction, such as improved public health or education levels, not reflected in market prices.

Subsidies

Financial support from the government to businesses, individuals, or other governmental bodies to encourage or maintain an activity that has a public good.