Which of the Following Corporations Is Entitled to Join in a Consolidated

question 11

Multiple Choice

Which of the following corporations is entitled to join in a consolidated tax return without making a special election?

• A)corporations exempt from tax under Sec. 501
• B)real estate investment trusts
• C)closely held corporations
• D)foreign corporations

---

Definitions:

Scientific Revolution

A period of dramatic transformation in thought and practice in the sciences, traditionally dated between the 16th and 18th centuries, marked by major shifts in understanding and methodology.

Evidence

Any information or items that are used in a court of law to prove or disprove facts in a case.

Religious View

The perspective, beliefs, or doctrines held regarding the nature of the divine, morality, and the purpose of life, based on a particular religion.

Sociological Imagination

The ability to see the relationship between individual experiences and larger social influences.