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    Business Law Study Set 4
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    Exam 37: Introduction to Forms of Business and Formation of Partnerships
  5. Question
    A(n)________ Is a Close Corporation Whose Shareholders Have Elected to Be
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A(n)________ Is a Close Corporation Whose Shareholders Have Elected to Be

Question 74

Question 74

Multiple Choice

A(n) ________ is a close corporation whose shareholders have elected to be taxed essentially like partners are taxed under federal income tax law.


A) sole proprietorship
B) LLLP
C) LLC
D) S Corporation

Correct Answer:

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