Explain the difference between an S corporation and a C corporation.

$($Select all the choices that apply$)$

A$.$ E corporations must pay corporate income taxes; C corporations do not pay corporate laxes but must pass through the income lo shareholders to whom at is larabie.

B$.$ C corporations must pay corporate income taxes; S corporations do not pay corporate luxes but must pass frough the income to shareholisers to atom is twable

C$.$ C corporations are limited to $100$ shareholders and cannot have corporate or foreign stockhoider.

D$.$ S corporations are limited to $100$ shareholders and camot have corporate or foreign stockholders.