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Which of the Following,if True About the Owners' Plan for the New

Question 126

Multiple Choice

Which of the following,if true about the owners' plan for the new business,would weaken the case that it should be registered as an S corporation?


A) They want the company to be able to change its procedures over time.
B) They want the company to be able to change its board membership, if needed.
C) They want the company to grow as quickly as they can grow it.
D) They want the company to be able to issue multiple classes of stock.
E) They want to pay income taxes via the individual tax returns of the shareholders.

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