Which of the following corporate forms are exempt from the PHC tax? The accumulated earnings tax? Closely held corporations S Corporations Professional corporations Tax-exempt organizations Publicly held corporations Corporation filing a consolidated tax return Limited liability companies

The three parts of the government were a Governor, a Council of Advisers, and an Elected Assembly. The governor was something like the president, that is the commander in chief with the power to veto. The Council and the Assembly were like the upper and the lower houses of the parliament. The lower was closely connected to the will and the demands of the people while the upper was more into legislature.