Which of These Was at the Top of the Social

question 54

Multiple Choice

Which of these was at the top of the social structure of slave colonies?

• A) colonial officials
• B) bankers
• C) wealthy planters
• D) merchants

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Definitions:

Rental Income

Income received from leasing real estate or other property to tenants.

Non-Trade

Transactions that do not involve the purchase or sale of goods and services for the operation of a company, often financial or donation-based.

Schedule E

A tax form used to report income and losses from rental real estate, royalties, partnerships, S corporations, estates, and trusts.

Security Deposit

A sum paid upfront as security against damage or non-payment, often used in rental agreements.