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A hybrid form lets smaller corporations escape being taxed twice on profits, provided size and ownership tests are met. That is the:

AC corporation
BS corporation
CGeneral partnership
DSole proprietorship
Answer & Solution
Correct answer: B. S corporation
1. Double taxation is avoided. 2. Conditions on size apply. 3. It is the S corporation. _Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
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