A Corporation Must Make an S Election for the Current

question 74

True/False

A corporation must make an S election for the current year after March 15 in the case of a calendar-year corporation.

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Definitions:

Just-World Phenomenon

A cognitive bias that leads people to believe that the world is inherently fair, causing them to rationalize an unjust situation as deserved by the victim.

Scapegoating

The practice of singling out any party for unmerited negative treatment or blame as a way of deflecting attention from one’s own failures or inadequacies.

Aggression

A range of behaviors that can result in both physical and psychological harm to oneself, others, or objects in the environment.

Just-World Phenomenon

The belief that the world is fundamentally just, leading individuals to rationalize an undeserved fate for others as deserved.