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05-11-2019
Business

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Daniel, his parents, and three brothers own all the stock of their family farm corporation and each person takes an active role in managing the enterprise. This corporation, which is taxed as a corporation, is most likely to be?

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amirmeeka amirmeeka

07-11-2019

Answer:

Close corporation.

Explanation:

A closed corporation is a company whose shares are held by a select few individuals who are usually closely associated with the business.

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