"Winston tells Lenita that he prefers to form an S corporation because he does not want to attach "LLC" to the name of the company. Lenita responds that the option of an S corporation is not available for their situation. Is she correct

D. Yes, because all the owners are not U.S. citizens.

Explanation:

This question is not incomplete.

Please find the incomplete information below.

Winston and Noe patented a mechanism that will change open heart surgery forever. They are setting up a business to produce and sell their invention to hospitals and will take advantage of Noe's non-U.S. citizenship to help with sales in international markets. They hire Lenita, a corporate lawyer, to assist in setting up their business. Winston's largest concern is taxes. Noe, on the other hand, doesn't want to bother keeping corporate minutes and having board meetings as he is too busy. Both are concerned about being sued personally for products liability

As it is mentioned in the question that Winston and Noe wanted to set up a business for producing and selling an invention so that it would result in taking the advantage of non-U.S. citizenship so t it would help in an international market sales. For that,  they hired Lenita, who is a corporate lawyer. At the same time, both the point of view is different. But they being sued for liability of products personally.

In the given scenario, Lanita is correct for the non-availability of the S corporation option as all the owners do not belong from U.S citizens.