The single stockholder of an OPC can be a natural person, a trust, or an estate.Group of answer choicesFalseTrue

Answer

Statement: The single stockholder of an OPC can be a natural person, a trust, or an estate.

Analysis: An OPC, or One Person Corporation, is a type of corporation that allows a single individual to own and operate the business while enjoying the benefits of corporate personality. According to the corporate regulations in various jurisdictions, typically, the stockholder of an OPC must be a natural person. This means that only an individual—human being—can fulfill the role of stockholder.

1. Natural Person: This refers to an individual—someone who is alive and capable of holding rights and obligations.
2. Trust or Estate: These entities are typically not considered natural persons; thus, they cannot hold corporate shares in the same way an individual can.

Conclusion

Based on the definition and the regulatory framework, the correct answer to the statement is False. A trust or estate cannot serve as the single stockholder of an OPC; only a natural person is allowed.

Final Answer

False