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Which of the following is a unique characteristic of a C corporation? It cannot issue more than one class of stock. It issues Forms W-2
Which of the following is a unique characteristic of a C corporation?
It cannot issue more than one class of stock.
It issues Forms W-2 to all its employees, reporting their share of the corporation's income.
It may have less time to file a timely tax return, simply because of the end date of its fiscal year.
The number of shareholders must be 100 or more.
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