Several individuals acquire assets on behalf of Skip Corporation on May 28, purchased assets on June 3 and began business on June 11. They subscribe to shares of stock, file articles of incorporation for Skip, and become shareholders on June 21. The S election must be filed no later than two and one-half months after:
A) May 28.
B) June 3.
C) June 11.
D) June 21.
E) December 31.

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The Answer of Several individuals acquire assets on behalf of Skip Corporation on May 28, purchased assets on June 3 and began business on June 11. They subscribe to shares of stock, file articles of incorporation for Skip, and become shareholders on June 21. The S election must be filed no later than two and one-half months after:
A) May 28.
B) June 3.
C) June 11.
D) June 21.
E) December 31.

Several Individuals Acquire Assets on Behalf of Skip Corporation on May