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Question
Solid Appliances, Inc., is a private, for-profit corporation that (1) was formed for the purpose of manufacturing and distributing a newly patented kitchen appliance, (2) is owned by five shareholders, (3) is subject to double taxation, and (4) has made no public offering of its shares. Solid Appliances isa. an S corporation.
b. a close corporation.
c. a nonprofit corporation.
d. a professional corporation.
Answer
This answer is hidden. It contains 1 characters.
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