Mikhail, a Korean, wishes to be a stockholder in an airline company in the United States. However, he is told that he cannot buy shares of the company as he is neither a U.S. citizen nor a permanent resident of the country. Besides this, he can become a stockholder only if any of the current stockholders decide to sell their shares as the company already has 100 stockholders. Given this information, it can be assumed that Mikhail wants to be a stockholder of a(n) _____.

Respuesta :

Answer:

S Corporation

Explanation:

According to my research on different investment opportunities, I can say that based on the information provided within the question Mikhail wants to be a stockholder of an S Corporation. These are regular businesses that choose to pass all corporate finances through to their shareholders for federal tax purposes. This can be said because S Corporations shareholders must be citizens from the originating country and there are only a limited amount of shares that can be sold.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE