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A Subchapter S corporation (S corporation) is a hybrid between a _______ and a _______, in that owners enjoy the benefits of limited liability but

A Subchapter S corporation (S corporation) is a hybrid between a _______ and a _______, in that owners enjoy the benefits of limited liability but profits are not subject to double taxation.

A.

cooperative; partnership

B.

corporation; partnership

C.

general partnership; cooperative

D.

cooperative; sole proprietorship

E.

partnership; sole proprietorship

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