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Jack owns 1 0 0 shares of X corporation stock. His wife Jill owns 1 0 0 shares X corporation stock. Jack and Jill have

Jack owns

100

shares of X corporation stock. His wife Jill owns

100

shares X corporation stock. Jack and Jill have a son named Jason. Jill's father Larry owns

100

shares of X corporation stock. For section

318

attribution purposes Jason owns

300

shares of X corporation stock.

True or

False

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