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Describe the three main attributes of a close corporation (9 Marks) b. Give 5 advantages and 5 disadvantages of a close corporation (5 Marks) c.
Describe the three main attributes of a close corporation (9 Marks)
b. Give 5 advantages and 5 disadvantages of a close corporation (5 Marks)
c. Describe the three statutory requirements with regard to the accounting records and
financial reporting of a close corporation
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