An S corporation must possess which of the following characteristics?
A) Not more than 100 shareholders.
B) Corporation organized in the United States.
C) Only one class of stock.
D) All of these.
E) None of these.

Question

Quizplus · Accepted Answer

An S corporation must meet all the listed criteria: it must not have more than 100 shareholders, be organized in the United States, and have only one class of stock, among other requirements.

An S Corporation Must Possess Which of the Following Characteristics