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Garret and Hans Own All the Stock of GH Corporation

question 64

Essay

Garret and Hans own all the stock of GH Corporation. Garret sells all his GH stock to Olga on February 12. The next day, GH makes an S election. For the election to apply to the current year, who must consent to the election?


Definitions:

Followers

Individuals who support and are guided by a leader or organization.

Followership

The behaviors of individuals acting in relation to leaders, emphasizing the role of followers in the leadership process and recognizing that effective followership is a vital component of effective leadership.

Definition

The statement of the meaning of a term or concept, providing clarity and understanding.

Textbook

A book containing detailed information and principles about a specific subject, often used as a standard or reference in education.

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