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Hudson and Ilka Want to Market a New Line of Kayaks

Question 21

Multiple Choice

Hudson and Ilka want to market a new line of kayaks and related gear under the brand name Journeys as a corporation-Journeys,Inc.To avoid income taxes at the corporate level,they should form


A) a C corporation.
B) a close corporation.
C) an S corporation.
D) a private corporation.

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