Extemporaneous speeches require no preparation or rehearsal

A plus-one market-based pricing strategy means a business sets its price 1% higher than the competitors' price

Indicate whether the statement is true or false

Which of the following must be true for a corporation to elect statutory close corporation status?

A) The corporation must have 100 or more shareholders. B) The corporation must have 50 or fewer shareholders. C) The corporation must contain a board of directors. D) The corporation must have a set of bylaws.