Which is the only statement below that is true?

Group of answer choices

C. The shareholders of a corporation elect the companys CEO, President and other officers.

A. Of all the business entities we discussed in class, only the Sole Proprietorship, General Partnership and S-Corporation have pass-through taxation status.

B. A Sole Proprietorships corporate By-Laws that are filed with the state dictate how the entity must be managed.

D. A Limited Partnership has two kinds of partners at least one General Partner, and at least one Limited Partner.

E. One difference between an S-Corporation and a C-Corporation is that they offer shareholders different levels of protection from personal liability for corporate debts.