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Evaluate (8 ¸ 5 - 2) ¸ (12 - 2 - 4) =
S Corporation
A special designation granted by the IRS to small businesses that allows them to pass corporate income, credits, and deductions through to shareholders, avoiding double taxation.
Taxed
Subjected to a financial charge or levy by a governmental organization in order to fund various public expenditures.
Partnership
A business arrangement recognized by law involving two or more partners who collectively oversee the business and divide its profits.
Cooperatives
Organizations owned and operated by a group of individuals for their mutual benefit, where profits and decision-making are shared among members.
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