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Tom [10]
3 years ago
6

Miracle Mobile Devices, Inc., is a private, for-profit corporation that is owned by five shareholders who are members of the sam

e family. Miracle is​
A. a close corporation.​
B. none of the choices.​
C. a nonprofit corporation.​
D. ​an S corporation.
Social Studies
1 answer:
inysia [295]3 years ago
8 0

Answer: the correct answer is A. a close corporation

Explanation:

A closed corporation is a company whose shares are held by a select few individuals ( in this case, the members of the same family) who are usually closely associated with the business.

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