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Which of the following lists characteristics typical of a C corporation? Multiple Choice Flexibility to be taxed in several different ways with a limited life

Which of the following lists characteristics typical of a C corporation?

Multiple Choice

Flexibility to be taxed in several different ways with a limited life

Shareholders must be U

.

.

citizens. Each business is limited to

100

shareholders.

Taxed separately from its owners who also enjoy limited liability

Limited liability, but taxed like a partnership or sole proprietorship

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