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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
- 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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