An S Corporation Is Created as an LLC

question 72

True/False

An S corporation is created as an LLC.

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Definitions:

Berlin Wall

A concrete barrier that physically and ideologically divided Berlin from 1961 to 1989.

East Berlin

The capital of East Germany from 1949 to 1990, serving as the governmental and cultural center of the country during the Cold War.

West Berlin

The part of Berlin that was occupied by the Allies after World War II and became an enclave within East Germany, symbolizing the Cold War division.

Suez Canal Crisis

A diplomatic and military confrontation in 1956 involving Egypt, Israel, France, and the United Kingdom, following Egypt's nationalization of the Suez Canal, previously controlled largely by British and French interests.