Tone Loc and 89 of his biggest fans formed an S corporation, 2hit, Inc., as the original ninety shareholders. Tone then transferred some of his stock to his grandfather, four of Tone's cousins, five of Tone's children, three of Tone's grandchildren, and 2 closefriends. For the S corporation shareholder limit rules, how many shareholders does 2hit, Inc. have?

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The Answer of Tone Loc and 89 of his biggest fans formed an S corporation, 2hit, Inc., as the original ninety shareholders. Tone then transferred some of his stock to his grandfather, four of Tone's cousins, five of Tone's children, three of Tone's grandchildren, and 2 closefriends. For the S corporation shareholder limit rules, how many shareholders does 2hit, Inc. have?

Tone Loc and 89 of His Biggest Fans Formed an S