{"id":2967,"date":"2023-02-19T16:11:13","date_gmt":"2023-02-19T16:11:13","guid":{"rendered":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/chapter\/fresh-take-7-3-corporations\/"},"modified":"2023-12-23T02:20:04","modified_gmt":"2023-12-23T02:20:04","slug":"fresh-take-7-3-corporations","status":"publish","type":"chapter","link":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/chapter\/fresh-take-7-3-corporations\/","title":{"raw":"Fresh Take 7.3: Corporations","rendered":"Fresh Take 7.3: Corporations"},"content":{"raw":"<section class=\"textbox learningGoals\">\r\n<ul>\r\n\t<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand the differences between C and S corporations&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12672,&quot;10&quot;:0,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand the differences between C and S corporations<\/span><\/li>\r\n\t<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand what a benefit corporation is&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12672,&quot;10&quot;:0,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand what a benefit corporation is<\/span><\/li>\r\n\t<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand the advantages and disadvantages of corporations&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12672,&quot;10&quot;:0,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand the advantages and disadvantages of corporations<\/span><\/li>\r\n\t<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand the advantages and disadvantages of a limited liability company (LLC)&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:15171,&quot;3&quot;:{&quot;1&quot;:0},&quot;4&quot;:{&quot;1&quot;:2,&quot;2&quot;:16777215},&quot;9&quot;:0,&quot;11&quot;:4,&quot;12&quot;:0,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:0},&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand the advantages and disadvantages of a limited liability company (LLC)<\/span><\/li>\r\n<\/ul>\r\n<\/section>\r\n<h2>C Corp, B Corp, and LLCs<\/h2>\r\n<section class=\"textbox watchIt\">Start at 5:34 and watch to 8:57 mark\r\n\r\n<p>[embed]https:\/\/youtube.com\/watch?v=1-xiSOvgNvw&amp;si=EnSIkaIECMiOmarE[\/embed]<\/p>\r\n<p class=\"p1\">You can view the\u00a0<a href=\"https:\/\/course-building.s3.us-west-2.amazonaws.com\/Intro+to+Business\/transcripts\/LegalBasicsandBusinessEntityFormationCrashCou.html\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">transcript for \u201cLegal Basics and Business Entity Formation: Crash Course Business Entrepreneurship #5\u201d here (opens in new window).<\/span><\/a><\/p>\r\n<\/section>\r\n<h2>S Corp<\/h2>\r\n<section class=\"textbox watchIt\"><iframe src=\"\/\/plugin.3playmedia.com\/show?mf=9650334&amp;p3sdk_version=1.10.1&amp;p=20361&amp;pt=375&amp;video_id=lOHm2P3S7U8&amp;video_target=tpm-plugin-4hxysgv0-lOHm2P3S7U8\" width=\"800px\" height=\"450px\" frameborder=\"0\" marginwidth=\"0px\" marginheight=\"0px\"><\/iframe>\r\n<p class=\"p1\">You can view the\u00a0<a href=\"https:\/\/course-building.s3.us-west-2.amazonaws.com\/Intro+to+Business\/transcripts\/WhatIsAnSCorp.html\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">transcript for \u201cWhat Is An S-Corp?\u201d here (opens in new window).<\/span><\/a><\/p>\r\n<\/section>\r\n<h2>Comparing Organization Types<\/h2>\r\n<table class=\" undefined\">\r\n<caption>Comparing Characteristics of Business Ownership Types<\/caption>\r\n<thead>\r\n<tr>\r\n<th scope=\"col\"><span style=\"font-size: 10pt;\">Characteristic<\/span><\/th>\r\n<th scope=\"col\"><span style=\"font-size: 10pt;\">Sole Proprietor-ship<\/span><\/th>\r\n<th scope=\"col\"><span style=\"font-size: 10pt;\">Partner-ship<\/span><\/th>\r\n<th scope=\"col\"><span style=\"font-size: 10pt;\">LLC<\/span><\/th>\r\n<th scope=\"col\"><span style=\"font-size: 10pt;\">LLP<\/span><\/th>\r\n<th scope=\"col\"><span style=\"font-size: 10pt;\">Corporation<\/span><\/th>\r\n<th scope=\"col\"><span style=\"font-size: 10pt;\">S Corporation<\/span><\/th>\r\n<\/tr>\r\n<\/thead>\r\n<tbody>\r\n<tr>\r\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Owner(s)<\/span><\/th>\r\n<td><span style=\"font-size: 10pt;\">1 sole proprietor<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">2 or more partners<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">1 or more members<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">2 or more partners<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">1 or more shareholders<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">1 or more shareholders<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Sole authority for decisions<\/span><\/th>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No[footnote]Yes, if only one member[\/footnote]<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No[footnote]Yes, if only one shareholder[\/footnote]<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No[footnote]Yes, if only one shareholder[\/footnote]<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Easy setup<\/span><\/th>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Minimal regulations<\/span><\/th>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Single taxation<\/span><\/th>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Easy access to expertise<\/span><\/th>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Somewhat<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Somewhat<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Somewhat<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Easy access to capital<\/span><\/th>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Somewhat<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Somewhat<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Somewhat<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Limited legal liability<\/span><\/th>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Unlimited life<\/span><\/th>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Possible<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Possible<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Easy transfer of ownership<\/span><\/th>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">\u00a0No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">\u00a0No<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>","rendered":"<section class=\"textbox learningGoals\">\n<ul>\n<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand the differences between C and S corporations&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12672,&quot;10&quot;:0,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand the differences between C and S corporations<\/span><\/li>\n<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand what a benefit corporation is&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12672,&quot;10&quot;:0,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand what a benefit corporation is<\/span><\/li>\n<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand the advantages and disadvantages of corporations&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12672,&quot;10&quot;:0,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand the advantages and disadvantages of corporations<\/span><\/li>\n<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand the advantages and disadvantages of a limited liability company (LLC)&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:15171,&quot;3&quot;:{&quot;1&quot;:0},&quot;4&quot;:{&quot;1&quot;:2,&quot;2&quot;:16777215},&quot;9&quot;:0,&quot;11&quot;:4,&quot;12&quot;:0,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:0},&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand the advantages and disadvantages of a limited liability company (LLC)<\/span><\/li>\n<\/ul>\n<\/section>\n<h2>C Corp, B Corp, and LLCs<\/h2>\n<section class=\"textbox watchIt\">Start at 5:34 and watch to 8:57 mark<\/p>\n<p><iframe loading=\"lazy\" id=\"oembed-1\" title=\"Legal Basics and Business Entity Formation: Crash Course Business Entrepreneurship #5\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/1-xiSOvgNvw?feature=oembed&#38;rel=0\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p class=\"p1\">You can view the\u00a0<a href=\"https:\/\/course-building.s3.us-west-2.amazonaws.com\/Intro+to+Business\/transcripts\/LegalBasicsandBusinessEntityFormationCrashCou.html\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">transcript for \u201cLegal Basics and Business Entity Formation: Crash Course Business Entrepreneurship #5\u201d here (opens in new window).<\/span><\/a><\/p>\n<\/section>\n<h2>S Corp<\/h2>\n<section class=\"textbox watchIt\"><iframe loading=\"lazy\" src=\"\/\/plugin.3playmedia.com\/show?mf=9650334&amp;p3sdk_version=1.10.1&amp;p=20361&amp;pt=375&amp;video_id=lOHm2P3S7U8&amp;video_target=tpm-plugin-4hxysgv0-lOHm2P3S7U8\" width=\"800px\" height=\"450px\" frameborder=\"0\" marginwidth=\"0px\" marginheight=\"0px\"><\/iframe><\/p>\n<p class=\"p1\">You can view the\u00a0<a href=\"https:\/\/course-building.s3.us-west-2.amazonaws.com\/Intro+to+Business\/transcripts\/WhatIsAnSCorp.html\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">transcript for \u201cWhat Is An S-Corp?\u201d here (opens in new window).<\/span><\/a><\/p>\n<\/section>\n<h2>Comparing Organization Types<\/h2>\n<table class=\"undefined\">\n<caption>Comparing Characteristics of Business Ownership Types<\/caption>\n<thead>\n<tr>\n<th scope=\"col\"><span style=\"font-size: 10pt;\">Characteristic<\/span><\/th>\n<th scope=\"col\"><span style=\"font-size: 10pt;\">Sole Proprietor-ship<\/span><\/th>\n<th scope=\"col\"><span style=\"font-size: 10pt;\">Partner-ship<\/span><\/th>\n<th scope=\"col\"><span style=\"font-size: 10pt;\">LLC<\/span><\/th>\n<th scope=\"col\"><span style=\"font-size: 10pt;\">LLP<\/span><\/th>\n<th scope=\"col\"><span style=\"font-size: 10pt;\">Corporation<\/span><\/th>\n<th scope=\"col\"><span style=\"font-size: 10pt;\">S Corporation<\/span><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Owner(s)<\/span><\/th>\n<td><span style=\"font-size: 10pt;\">1 sole proprietor<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">2 or more partners<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">1 or more members<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">2 or more partners<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">1 or more shareholders<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">1 or more shareholders<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Sole authority for decisions<\/span><\/th>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<a class=\"footnote\" title=\"Yes, if only one member\" id=\"return-footnote-2967-1\" href=\"#footnote-2967-1\" aria-label=\"Footnote 1\"><sup class=\"footnote\">[1]<\/sup><\/a><\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<a class=\"footnote\" title=\"Yes, if only one shareholder\" id=\"return-footnote-2967-2\" href=\"#footnote-2967-2\" aria-label=\"Footnote 2\"><sup class=\"footnote\">[2]<\/sup><\/a><\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<a class=\"footnote\" title=\"Yes, if only one shareholder\" id=\"return-footnote-2967-3\" href=\"#footnote-2967-3\" aria-label=\"Footnote 3\"><sup class=\"footnote\">[3]<\/sup><\/a><\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Easy setup<\/span><\/th>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Minimal regulations<\/span><\/th>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Single taxation<\/span><\/th>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Easy access to expertise<\/span><\/th>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Somewhat<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Somewhat<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Somewhat<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Easy access to capital<\/span><\/th>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Somewhat<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Somewhat<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Somewhat<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Limited legal liability<\/span><\/th>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Unlimited life<\/span><\/th>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Possible<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Possible<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><span style=\"font-size: 10pt;\">Easy transfer of ownership<\/span><\/th>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">\u00a0No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">\u00a0No<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<td><span style=\"font-size: 10pt;\">Yes<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr class=\"before-footnotes clear\" \/><div class=\"footnotes\"><ol><li id=\"footnote-2967-1\">Yes, if only one member <a href=\"#return-footnote-2967-1\" class=\"return-footnote\" aria-label=\"Return to footnote 1\">&crarr;<\/a><\/li><li id=\"footnote-2967-2\">Yes, if only one shareholder <a href=\"#return-footnote-2967-2\" class=\"return-footnote\" aria-label=\"Return to footnote 2\">&crarr;<\/a><\/li><li id=\"footnote-2967-3\">Yes, if only one shareholder <a href=\"#return-footnote-2967-3\" class=\"return-footnote\" 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