Which one of the following individuals or entities is ineligible to be an S corporation shareholder?
A. resident alien of the United States
B. a voting trust where all of the beneficiaries are U.S. citizens
C. a partnership where all of the partners are U.S. citizens
D. an estate
Answer: C
You might also like to view...
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. According to the company's leading salesperson, Peter Austin, "We have lots of repeat corporate customers as a result of the importance we place on getting the hampers out on time and filled with the right products."As proof statements of the superiority of Clearwater Hampers, Austin should most likely use:
A. Clearwater's website. B. the SELL sequence. C. free sample hampers. D. dramatizations. E. customer testimonials.
In the context of savings, identify a true statement.
A. Interest rates on savings accountshave typically been uniform across banks. B. Online savings banks have often provided higher interest rates than traditional banks in recent years. C. TheFederal Deposit Insurance Corporation is not eligible to insure deposits made in online savings banks. D. TheFederal Deposit Insurance Corporation (FDIC)insures individual deposits up to $550,000 per account in FDIC-insured banks.
The objective of the basic EOQ model is to ________
Fill in the blank with correct word.
It is possible to have a different deductible for collision loss than you have for comprehensive physical damages
Indicate whether this statement is true or false.