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Which of the following statements is FALSE? Group of answer choices A) If an S corporation has issued both voting and non-voting common stock, the
Which of the following statements is FALSE? Group of answer choices A) If an S corporation has issued both voting and non-voting common stock, the corporation has violated the single class of stock requirement, and the S election will terminate upon the issuance of the non-voting stock. B) Certain types of corporations, such as banks and insurance companies, are legally ineligible to make an S election because they are governed by other specialized tax regimes geared to
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