Corporations cannot be shareholders in an S corporation.

Answer the following statement true (T) or false (F)


True

Business

You might also like to view...

A perpetuity pays $85 per year and costs $950. What is the rate of return?

A. 8.95% B. 9.39% C. 9.86% D. 10.36% E. 10.88%

Business

A wash sale:

A. comes under the liability provisions of the 1934 Act. B. occurs each time new securities are issued. C. refers to a legal activity that manipulates the price of a security. D. is a violation under Section 10(b) of the 1934 Act.

Business

Claims made by telephone or e-mail are just as effective as claims made in writing

Indicate whether the statement is true or false

Business

List and briefly describe two advantages of teams

Business