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Kestrel is a C corporation that is engaged solely in buying and reselling goods it acquires from Skimmer, another C corporation. Although Kestrel conducts no manufacturing activity and is exclusively involved in a marketing function, it may still be entitled to a domestic production activities deduction (DPAD). Explain how this could be possible.
Measurement System
A collection of instruments, standards, and procedures used to quantify physical properties.
Business Activities
All actions undertaken by a company to operate and manage its business, which may include investing, financing, and operating activities.
Communicates
The process of conveying or exchanging information through various means, essential for business operations and relationships.
Partnership
A legitimate business arrangement where two or more partners share both management responsibilities and profits.
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