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A Corporation Can Choose to Voluntarily Revoke a Valid Subchapter

question 20

Essay

A corporation can choose to voluntarily revoke a valid Subchapter S election.How do the shareholders accomplish a voluntary revocation and when will the revocation be effective?


Definitions:

Laughing

The action of making spontaneous sounds and movements of the face and body that are the instinctive expressions of lively amusement and sometimes also of contempt or derision.

Cussing

The act of using swear words or profanity in speech or writing, often used to express strong emotions or for emphasis.

Shaping

A method in behaviorism used to train or teach new behaviors by successively rewarding closer approximations to the desired behavior.

National Zoological Park

A government-operated zoo located in Washington D.C., focused on wildlife conservation, education and providing a home for animals from around the world.

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