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Two months after Justin incorporates his sole proprietorship (becoming) a 100% owner of the new corporation, he decides to give 30% of his stock in

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Two months after Justin incorporates his sole proprietorship (becoming) a 100% owner of the new corporation, he decides to give 30% of his stock in the corporation to his children. Section 351 cannot apply to Justin's incorporation because he has not satisfied the 80% control requirement. O a. True O b. False

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