key difference between S corporations and C corporations is that: al the owners of C corporations have limited liability while the owners of S corporations have unlimited Liability ( 'b) C corporations seek profits while S corporations operate as nonprofit organizations. c) C corporations have stockholders who have the right to vote in stockholders meetings while S corporations have members with no voting rights. d) owners of S corporations must all be citizens or permanent residents of the United States, while C corporations do not have this restrictions on ownership.

key difference between S corporations and C corporations is that: al the owners of C corporations have limited liability while the owners of S corporations have unlimited Liability ( 'b) C corporations seek profits while S corporations operate as nonprofit organizations. c) C corporations have stockholders who have the right to vote in stockholders meetings while S corporations have members with no voting rights. d) owners of S corporations must all be citizens or permanent residents of the United States, while C corporations do not have this restrictions on ownership.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter17: Capital And Time

Section: Chapter Questions

Problem 17.5P

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