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All of the following will result in the termination of a corporation's status asan S corporation except: A) Having passive investment income of more than

All of the following will result in the termination of a corporation's status asan S corporation except:

A) Having passive investment income of more than 25% of gross receipts in initial year.

B) Transfer of stock to a partnership.

C) Acquiring a 101st shareholder.

D) Issuing preferred stock.

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