Jeanne, a Canadian citizen, would like to invest in Ingrid's startup. If Ingrid organizes her business as a(n) ________________________, Jeanne is prohibited from investing.

Name: Jeanne, a Canadian citizen, would like to invest in Ingrid's startup. If Ingrid organizes her business as a(n) ________________________, Jeanne is prohibited from investing.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

S Corporations have strict ownership requirements and do not allow non-US citizens to invest or own shares in the company.

Jeanne, a Canadian Citizen, Would Like to Invest in Ingrid's