Which of the following types of ownership is limited to 100 owners?
A)C corporation
B)S corporation
C)sole proprietor
D)limited liability company

Name: Which of the following types of ownership is limited to 100 owners? A)C corporation B)S corporation C)sole proprietor D)limited liability company
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Question

Quizplus · Accepted Answer

An S corporation is limited to 100 owners and is often preferred by small businesses because it has the same tax benefits as a partnership, while still providing liability protection for its owners.

Which of the Following Types of Ownership Is Limited to 100