What Is the Minimum Number of Individuals Who Must Own

question 39

Multiple Choice

What is the minimum number of individuals who must own a corporation for it to avoid meeting the personal holding company designation?

• A)One
• B)Five
• C)Nine
• D)Ten

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Definitions:

Document

A written, printed, or electronic record that provides information or evidence.

Recommendation

A suggestion or advice aimed at guiding decisions or actions.

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A global fast-food chain known for its hamburgers, fries, and wide range of other menu items.

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Bags provided by eateries for the purpose of transporting purchased food items away from the establishment.