Which of the Following Is a Requirement for an S-Corporation

Multiple Choice

Which of the following is a requirement for an S-corporation?

A) The S-corporation must be incorporated in Delaware.
B) The S-corporation can have no more than 100 stockholders.
C) Only common and preferred stock can be sold to investors.
D) At least 30 percent of the investors must be nonresident aliens.
E) Only individuals can be stockholders.