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Several Individuals Acquire Assets on Behalf of Skip Corporation on May

question 115

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Several individuals acquire assets on behalf of Skip Corporation on May 29,2008,purchased assets on June 3,and begin doing business on June 11,2008.They subscribe to shares of stock,file articles of incorporation for Skip,and become shareholders on June 21,2008.The S election must be filed no later than 2 1/2 months after:

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Definitions:

Southern Slaveholders

Individuals or families in the southern United States who owned and profited from the labor of enslaved African Americans before the Civil War.

Manhood

The state or period of being a man, often associated with attributes such as strength, maturity, and responsibility.

Religious Men

Individuals, typically male, who are deeply committed to and involved in their religious faith or institution, often holding positions of leadership or authority.

Middle Class

A social group between the working class and upper class, often characterized by moderate income, education, and professional employment.

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