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The Initial Call to ______________ Will Create and Return an Instance

question 34

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The initial call to ______________ will create and return an instance of the specified class. Subsequent calls to this method during the same execution cycle will return the same class instance as opposed to creating a new one.


Definitions:

Selling Stock

The process of offering shares of a company's capital to investors in exchange for capital, diluting ownership but potentially raising funds for growth.

S-type Corporation

A special designation that allows corporations to pass corporate income, credits, and deductions directly to their shareholders for federal tax purposes.

Taxation

The practice by which a government collects money from individuals, businesses, and other organizations to fund public services and initiatives.

Partnership

A business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

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