Which of the following will disqualify a corporation from electing Subchapter S status? Multiple Choice...

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Accounting

Which of the following will disqualify a corporation from electing Subchapter S status?
Multiple Choice
The corporation has 80 shareholders.
The corporation has one class of stock.
The election form is signed by 80% of the shareholders.
All shareholders are U.S. citizens except for 10% who are resident aliens.
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