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
E) general partnership

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 E) general partnership
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Question

Quizplus · Accepted Answer

An S corporation is limited to 100 shareholders, who must all be U.S. citizens or resident aliens. Therefore, option B is the correct answer.

Which of the Following Types of Ownership Is Limited to 100