An S corporation must qualify as a small business corporation, which is a domestic corporation which is
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Question:
An S corporation must qualify as a “small business corporation”, which is a domestic corporation which is not an “ineligible corporation” and which does not do which of the following?
a. Have more than 50 shareholders
b. Have any classes of stock
c. Have a nonresident alien as a shareholder
d. None of the above
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