An S corporation is a hybrid entity that shares some characteristics with C corporations and some with partnerships. Discuss two characteristics that S corporations share with C corporations and two characteristics that S corporations share with partnerships.

Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter4: Choosing A Form Of Business Ownership
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An S corporation is a hybrid entity that shares
some characteristics with C corporations and some
with partnerships. Discuss two characteristics that
S corporations share with C corporations and two
characteristics that S corporations share with
partnerships.
Transcribed Image Text:An S corporation is a hybrid entity that shares some characteristics with C corporations and some with partnerships. Discuss two characteristics that S corporations share with C corporations and two characteristics that S corporations share with partnerships.
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