Business, 13.12.2019 03:31, chem1014

Solid appliances, inc., is a private, for-profit corporation that (1) was formed for the purpose of manufacturing and distributing a newly patented kitchen appliance, (2) is owned by five shareholders, (3) is subject to double taxation, and (4) has made no public offering of its shares. solid appliances is

a. an s corporation.
b. a close corporation.
c. a nonprofit corporation.
d. a professional corporation.

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Solid appliances, inc., is a private, for-profit corporation that (1) was formed for the purpose of...