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A termination occurs on the day that a corporation ____________________ to be an S corporation.
Commercial Activity
Business activities focused on the exchange of goods or services with the intent to earn profit.
Natural Resources
Raw materials and resources naturally occurring in the environment, such as minerals, forests, and water.
National Laws
The legal regulations and statutes that are enacted and enforced by a country's government.
International Law
A body of rules and principles that govern the relations and dealings between nations.
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