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A C corporation ________. ANSWER Unselected may dispense with some corporate formalities and operate without a board of directors, without bylaws, and without keeping minutes

A C corporation ________. ANSWER Unselected may dispense with some corporate formalities and operate without a board of directors, without bylaws, and without keeping minutes of meetings Unselected is subject to double taxation Unselected pays no federal income tax at the corporate level Unselected is a corporation formed by lawyers, doctors, or other professionals

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