A(n) _____ can operate under simpler arrangements than conventional corporations.
A) statutory close corporation
B) Z corporation
C) S corporation
D) nonprofit corporation

Question

Quizplus · Accepted Answer

Statutory close corporations can operate with less formalities and simpler arrangements compared to conventional corporations, often having fewer shareholders and less rigid operational requirements.

A(n) _____ Can Operate Under Simpler Arrangements Than Conventional Corporations