After terminating or voluntarily revoking S corporation status, a corporation may elect it again, but it generally must wait until the beginning of the third tax year after the tax year in which it terminated the election.
Answer the following statement true (T) or false (F)
False
The corporation must wait until the beginning of the fifth year to elect S corporation status again.
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What is servant leadership? What are the characteristics of a servant leader?
What will be an ideal response?
Production technology has had a major impact on services, but as yet there has been little reduction in service labor requirements
Indicate whether the statement is true or false
Before franchises may be sold, the parent company must:
a. register with the SEC under the 1933 Securities Act b. register with the SEC under the Investment Company Act c. register with the CFTC Franchise Offering Rule of 1990 d. be approved by the Federal Trade Commission e. none of the other choices
Explain how integrity applies to various stakeholder groups, including owners, customers, employees, the community and the government.
What will be an ideal response?