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Problem: Module B Textbook Problem 2 Learning Objective: 8-1 Identify the four primary legal characteristics of corporations The stock of Grommet Corporation, a US company, is publicly traded, with no single shareholder owning more than 5 percent of its Outstanding stock. Grommet owns 95 percent of the outstanding stock of Staple Inc. also a US company, Staple owns 100 percent of the outstanding stock of Clip Corporation, a Canadian company Grommet and Clip each own 50 percent of the outstanding stock of Fastener Inc, a U.S. company. Grommet and Staple each own 50 percent of the outstanding stock of Binder Corporation, aus company Required: Which of these corporations form an affiliated group eligible to file a consolidated tax return? (You may select more than one answer Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 Grommet Corporation Staple Inc ? Fastener Inc ? Clip Corporation 6.20 PM inn 1