Which of the following, if true about the owners' plan for the new business, strengthens the case that it should be registered as a C corporation?
A) They want the company not to be liable for its own debts.
B) They want to do business only in the United States.
C) They want the company to pay no corporate taxes.
D) They want to get as many shareholders as possible.
E) They want to keep the company small in its number of employees.
Answer: D
Explanation: D) A C corporation is not limited in the number of shareholders it can have, so this would be fitting if they want to get many shareholders. A C corporation would be responsible for its own liabilities (Choice A) and is taxed at the entity level (Choice C). A C corporation is welcome to do business only in the United States (Choice B) or to remain small (Choice E), but other forms of business ownership can make the same choices with regard to those factors.
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