Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. true or false an eligible entity that has two owne

True or False An eligible entity that has two owners, one owner a corporation and...

50.1K

Verified Solution

Question

Accounting

True or False

An eligible entity that has two owners, one owner a corporation and the second owner a disregarded entity, is by default a partnership and the entity can elect under the check-the-box regulations, to be treated as a corporation.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Algebra
1.2K views

Consider the following histogram 12 10 8 Frequency 2 3 6 9 12 15 18...

Finance
1.2K views

1)What is the percentage change in price for a zero coupon bond if the yield changes...

Civil Engineering
1.2K views

A surveyor completes a levelling circuit from a known BM at point A (RL = 37.730...

Accounting
1.2K views

Net Present Value Method, Internal Rate of Return Method, and Analysis The management of Quest Media Inc....

Accounting
1.2K views

David’s basis in the Jimsoo Partnership is $57,000. In a proportionate liquidating distribution, David receives cash...

Physics
1.2K views

A particle of mass 1kg is moving along x a xis under conservative forces only...

Statistics
1.2K views

A company is interested to know the variation in yearly sales amount for all 5...

Accounting
1.2K views

Hadco Inc. reported retained earnings of $354,500 on December 31, 2014. During the year, Hadco...

Accounting
1.2K views

Solano Company has sales of $720,000, cost of goods sold of $480,000, other operating expenses...

Accounting
1.2K views

please solve this in excel and show all the formulas!! please help me as soon...

Accounting
1.2K views

Tamarisk Company owns equipment that cost $1,044,000 and has accumulated depreciation of $440,800. The expected...

Finance
1.2K views

In addition to more traditional stock exchanges in the US such as the New York...