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Two or more corporations owned by five or fewer noncorporate shareholders, who collectively own more than 50% of the stock of each corporation, would best

  1. Two or more corporations owned by five or fewer noncorporate shareholders, who collectively own more than 50% of the stock of each corporation, would best describe which of the following?

a. Brother-sister controlled group

b. Association

c. S corporation pending proper election

d. Parent-subsidiary controlled group

e. Controlled group

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