Which of the following has a restriction on the number of owners, members, or stockholders?
A) S-corporation
B) Not-for-profit corporation
C) Open corporation
D) Limited-liability company
E) Cooperative

Question

Quizplus · Accepted Answer

S-corporations have restrictions on the number and types of owners they can have. They can only have up to 100 shareholders, and those shareholders must be individuals or certain types of trusts or estates.

Which of the Following Has a Restriction on the Number