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QUESTION 8 Treasure, Inc. is a corporation with 50 shareholders, all U.S. citizens, but it is taxed like a partnership. Treasure, Inc. is a. a
QUESTION 8 Treasure, Inc. is a corporation with 50 shareholders, all U.S. citizens, but it is taxed like a partnership. Treasure, Inc. is a. a nonprofit corporation. b. a tax-free entity. O c. a benefit corporation. O d. an s corporation. QUESTION 9 All of the following are reasons a court might "pierce the corporate veil" and hold shareholders personally liable for corporate debts except O a. the corporation has not declared a dividend. O b.corporate formalities are not followed. c. personal and corporate assets are mixed together. O d. the corporation is not set up to make a profit and is too thinly capitalized
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