Twenty Unrelated U

question 96

True/False

Twenty unrelated U.S. persons equally own all of the stock of Quigley, a foreign corporation. Quigley is a CFC.

---

Definitions:

Californios

Residents of Spanish or Mexican heritage living in California before it became a part of the United States.

Empress of China

The title given to the female ruler of an empire in China or, historically, the first American ship to trade with China in 1784, marking the start of the China trade.

Syncretic Worldview

A perspective that combines elements from different religious or cultural systems into a coherent whole.

Lewis and Clark Expedition

An early 19th-century expedition led by Meriwether Lewis and William Clark to explore the Louisiana Purchase and the Pacific Northwest.