Among the Following, the Least Likely to Migrate to the Cattle

question 62

Multiple Choice

Among the following, the least likely to migrate to the cattle and farming frontier were

• A) Eastern city dwellers.
• B) Eastern farmers.
• C) recent immigrants.
• D) blacks.
• E) Midwestern farmers.

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Definitions:

Corporation

A corporation is a legal entity that is separate and distinct from its owners, which can enter into contracts, own assets, and is subject to taxation.

Subchapter S Corporation

A type of corporation designed for small businesses that allows income to be passed through to shareholders and taxed at individual rates, avoiding double taxation.

Net Income

The amount of revenue that remains after deducting all expenses, taxes, and costs from the total revenue of a business or individual.

Capital Gains

refer to the profit made from selling an asset for more than its purchase price.