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Which, If Any, of the Following Can Be an Eligible

question 113

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Which, if any, of the following can be an eligible shareholder of an S corporation?


Definitions:

M2

A measure of the money supply that includes cash, checking deposits, and easily convertible near-money instruments, such as savings deposits and money market securities.

Reserve Ratio

The fraction of depositors' balances that banks must have on hand as cash, a requirement set by central banking authorities.

Gold Coins

Metal currency minted from gold, historically used as both a medium of exchange and store of value.

Receipts

Documents that acknowledge the receipt of goods or services or the receipt of money, often serving as proof of transaction.

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