TRUE or FALSE: You and your three co$-$founders create a C Corporation. As a group, you decide that each of the four of you should be equal co$-$owners, so your initial plan is to create a total of $40,000$ shares of company stock, with each of you owning an equal $10,000$ shares apiece. TRUE or FALSE: Most knowledgeable lawyers would probably advise you to create an additional $80,000$ shares at startup $($two times the number of shares created at startup for the initial founders$),$ so that you can later quickly offer those shares to the public $($to quickly raise additional capital$)$ with a minimum of paperwork, accounting, etc.

Choice A: True.

Choice B: False.