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Land Air & Sea Inc. is a company organized in New York. If Land Air & Sea Inc. has two owners, what is its classification
Land Air & Sea Inc. is a company organized in New York. If Land Air & Sea Inc. has two owners, what is its classification for U.S. tax purposes under the "check-the-box" regulations?
a) Corporation
b) Partnership
c) Disregarded entity
d) None of the above
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