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) no limit; 100; 2.
B) no limit; 100; no limit.
C) 100; 100; no limit.
D) 100; no limit; 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 US citizens or residents and not be corporations or partnerships. 
A partnership can have an unlimited number of partners.

What Is the Maximum Number of Unrelated Shareholders a C