A "C" corporation need not have:
A) stockholders
B) a board of directors
C) external investors.
D) officers.

Name: A "C" corporation need not have: A) stockholders B) a board of directors C) external investors. D) officers.
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Question

Quizplus · Accepted Answer

A "C" corporation must have stockholders, a board of directors, and officers as part of its organizational structure, but it does not necessarily need external investors to operate. External investors are optional and depend on the business's financing needs.

A "C" Corporation Need Not Have