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general business corporation that is entitled to and elects subchapter S status will nonetheless be subject to double taxation. True False ALL initial offerings of

general business corporation that is entitled to and elects subchapter S status will nonetheless be subject to double taxation.

True

False

ALL initial offerings of securities are required to be registered with the Securities and Exchange Commission.

True

False

A bankruptcy estate is not limited to property owned at the time the petition in bankruptcy is filed.

True

False

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