A C Corporation Has Transferable Ownership,which Refers to the Fact

Multiple Choice

A C corporation has transferable ownership,which refers to the fact that ______.

A) a C corporation can change its structure at any time after the first year
B) it can issue stock in exchange for capital and can be passed on to new owners
C) it can adapt to more employees as the company grows
D) it can be owned by an unlimited number of shareholders