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(1) An S corporation must possess which of the following characteristics? a. Not more than one hundred shareholders.b. Corporation organized in the U.S.c. Only one

(1) An S corporation must possess which of the following characteristics?

a. Not more than one hundred shareholders.b. Corporation organized in the U.S.c. Only one class of stock.d. All of the above are required of an S corporation.e. None of the above are required of an S corporation.

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