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Consolidated Supply, Inc., is a private corporation with pass through earnings that is owned by seven shareholders who are members of the same family. Consolidated

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Consolidated Supply, Inc., is a private corporation with "pass through earnings" that is owned by seven shareholders who are members of the same family. Consolidated Supply, Inc. is best described as q,
a limited liability corporation.
a C corporation.
an S corporation.
a private benefit corporation.
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