Several Individuals Acquire Assets on Behalf of Skip Corporation on May

question 51

Multiple Choice

Several individuals acquire assets on behalf of Skip Corporation on May 28, 2014, purchased assets on June 3, 2014, and began business on June 11, 2014. They subscribe to shares of stock, file articles of incorporation for Skip, and become shareholders on June 21, 2014. The S election must be filed no later than 2 1/2 months after:

• A) May 28, 2014.
• B) June 3, 2014.
• C) June 11, 2014.
• D) June 21, 2014.
• E) December 31, 2014.

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Definitions:

Congruence

In psychology, congruence refers to the alignment or agreement between an individual's ideal self and actual self.

Egotism

An excessive and exaggerated sense of self-importance and lack of consideration for others’ feelings.

Incongruence

A psychological state in which there is a mismatch or conflict between one's perceived self and the actual experience, leading to discomfort or tension.

Self-Efficacy

The belief in one's ability to successfully accomplish tasks and control one's own environment.