Several Individuals Acquire Assets on Behalf of Skip Corporation on May

question 94

Multiple Choice

Several individuals acquire assets on behalf of Skip Corporation on May 28,2013,purchased assets on June 3,2013,and began business on June 11,2013.They subscribe to shares of stock,file articles of incorporation for Skip,and become shareholders on June 21,2013.The S election must be filed no later than 2 1/2 months after:

• A)May 28,2013.
• B)June 3,2013.
• C)June 11,2013.
• D)June 21,2013.
• E)December 31,2013.

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Definitions:

Antibiotic

A substance used to kill or inhibit the growth of bacteria and other microorganisms.

Anticholinergic

Refers to substances that block the action of acetylcholine, a neurotransmitter, which can affect various bodily functions including muscle movement and bodily secretions.

Cochlear Implant

A medical device that bypasses damaged parts of the inner ear and electronically stimulates the nerve for hearing.

Oval Window

A membrane-covered opening that leads from the middle ear to the cochlea of the inner ear, playing a key role in hearing.