Approximately How Frequently Do Earthquakes of Magnitude 8 or Greater

question 53

Multiple Choice

Approximately how frequently do earthquakes of magnitude 8 or greater occur?

• A) once a month
• B) once a year
• C) once every 5 years
• D) once every 10 years
• E) once every 20 years

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Definitions:

S-corp

is a type of corporation that meets specific Internal Revenue Code requirements, allowing it to pass income directly to shareholders and avoid double taxation.

C-corp

A type of corporation subject to corporate income tax, distinct from its owners, who are taxed separately on their personal income from the corporation.

Double Taxation

A situation where income or profits are taxed at two levels, typically once at the corporate level and again at the individual shareholder level.

Dividends

Payments made by a corporation to its shareholders from the company's profits or reserves.