Multiple Choice
Which of the following,if true about the owners' plan for the new business,would strengthen the case that it should be registered as an S corporation?
A) They want their shareholders to be personally liable for the corporation's debts.
B) They want to have an unlimited number of shareholders.
C) They do not want the company to have to pay a corporate income tax.
D) They do not want to have to meet any start-up requirements.
E) They don't want to have a board of directors.
Correct Answer:

Verified
Correct Answer:
Verified
Q60: Olivia has found a viable business,a small
Q61: What is the main reason why women
Q63: Assuming the farm is organized as a
Q64: What is the MOST important advantage of
Q66: Which of the following is the MOST
Q67: Which of the following,if true,would strengthen the
Q69: Which of the following,if true,would strengthen the
Q70: Which of the following,if true,would NOT strengthen
Q103: Why might an entrepreneur wish to purchase
Q104: Explain a tender offer.