When Did Race Obtain Its Modern Meaning

question 13

Multiple Choice

When did race obtain its modern meaning?

• A) during the Middle Ages
• B) during the late eighteenth century
• C) immediately after World War I
• D) immediately after Apartheid

---

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.