What is the maximum number of unrelated shareholders a C corporation can have, the maximum number of unrelated shareholders an S corporation can have, and the maximum number of partners a partnership may have, respectively?
A)100; no limit; no limit
B)no limit; 100; 2
C)no limit; 100; no limit
D)100; 100; no limit

Question

Quizplus · Accepted Answer

- A C corporation can have an unlimited number of shareholders.
- An S corporation can have up to 100 shareholders, all of whom must be U.S. citizens or permanent residents and meet certain other qualifications.
- A partnership can have an unlimited number of partners.

What Is the Maximum Number of Unrelated Shareholders a C