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Question 6 of 105 Which of the following statements regarding C corporations is TRUE? O A C corporation is a separate entity for tax purposes.

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Question 6 of 105 Which of the following statements regarding C corporations is TRUE? O A C corporation is a separate entity for tax purposes. O Shareholders have limited liability 0 Shareholders are taxed only when the corporation distributes earnings and profits. O All of the above statements are correct

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