law 2 - D) Corporations. S corporations may not have more...

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Limited partners will lose the benefit of limited liability if they: D) Make managerial decisions on behalf of the partnership. A sole proprietorship's income is: C) Taxed as income of the proprietor. Corporate shareholders have: B) Limited liability. Taxes on corporate earnings are paid by: C) The corporation. A corporation is a/an ________ entity created under the authority of a state's law: D) Artificial, intangible. Say-on-pay is a new concept which applies to the oversight of governance regarding:
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Unformatted text preview: D) Corporations. S corporations may not have more than ________ shareholders. C) 75. MikeJenna Inc. has become incorporated in Delaware. In Georgia, MikeJenna will be considered: B) A foreign corporation. The plaintiff in derivative law suits is/are: D) The shareholders. Which of the following may be shareholders in an S corporation? A) Individuals only....
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This note was uploaded on 09/11/2011 for the course TERM 1 taught by Professor Smith during the Spring '11 term at FIT.

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law 2 - D) Corporations. S corporations may not have more...

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