Shareholders can avoid, An advantage of an S corporation is

Shareholders can avoid

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Reference no: EM13296424

1. An advantage of an S corporation is that shareholders can avoid

A. double taxation.

B. bylaws.

C. insider trading.

D. estoppel.

2. Robert owns shares in Products, Inc., and suspects that Zach, one of the directors of the company, has been stealing corporate assets. Robert complains to the corporation, but no action is taken. Robert should file a

A. direct suit against Products, Inc.

B. derivative suit against Products, Inc., on his own behalf.

C. direct suit against Zach.

D. derivative suit against Zach on behalf of Products, Inc.

Reference no: EM13296424

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