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The Bona Fide Business Requirement of § 357(b) Is Easily

question 57

True/False

The bona fide business requirement of § 357(b) is easily satisfied as long as the liability arose in the normal course of conducting the business that is incorporated.


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A multinational chain of coffeehouses and roastery reserves known for its signature coffee drinks and café culture.

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A technology that overlays digital information or images on the real world, enhancing the viewer's perception of reality through devices like smartphones or AR glasses.

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Marketing activities that are not immediately visible or transparent to the general public, often targeted specifically through digital channels.

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