Question: Which statement is incorrect with respect to an S shareholder's consent? Question 3 2 options: Both spouses must consent if one owns the stock as
Which statement is incorrect with respect to an S shareholder's consent?
Question options:
Both spouses must consent if one owns the stock as community property.
An S election requires a consent from all of the S corporation's shareholders.
A consent must be in writing.
All of these statements are correct.
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