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Business, 06.05.2021 19:50 dozsyerra

Chip and Charlie own a local pizza shop. The pizza was the talk of the neighborhood. When customers suggested that they open more stores, Chip
and Charlie were hesitant. They didn't have the money. Chip and Charlie went
ahead with plans to open another shop across town. To finance the venture, the
partners formed a private corporation and sold shares of stock to friends. They
chose a legal arrangement that allowed them to avoid dual taxation.

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