Miracle Vacuum, Inc., is a private, for-profit corporation that (1) was formed for the purpose of manufacturing and distributing a newly patented appliance, (2) is owned by five shareholders, (3) is subject to double taxation, and (4) has made no public offering of its shares. Miracle is
A. an S corporation.
B. a closely held corporation.
C. a nonprofit corporation.
D. a professional corporation.
Answer: B
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Briefly discuss monopolistic competition
What will be an ideal response?
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When an IF statement checks only one condition and performs actions only if the condition is TRUE, it is referred to as a simple IF condition.
Answer the following statement true (T) or false (F)