When considering a loan made from a corporation to a shareholder, Choose the correct answer....
80.2K
Verified Solution
Link Copied!
Question
Accounting
When considering a loan made from a corporation to a shareholder, Choose the correct answer. A. shareholders can be considered employees of the corporation and treated the same, so long as they work in the capacity of an employee B. shareholders can be employees, but are potentially subject to different rules C. shareholders can be considered employees if they own less than 10% of the outstanding shares D. shareholders are NOT considered
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: Zin AI - Your personal assistant for all your inquiries!