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    Taxation of Individuals
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    Exam 19: Corporate Formation, Reorganization, and Liquidation
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    Which of the Following Classes of Stock Is Not Allowed
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Which of the Following Classes of Stock Is Not Allowed

Question 107

Question 107

Multiple Choice

Which of the following classes of stock is not allowed to be used in a §351 transaction?


A) Voting common stock
B) Voting preferred stock
C) Nonvoting preferred stock
D) All of these classes of stock can be used in a §351 transaction.

Correct Answer:

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