Examlex
Shanghai Corporation was organized and elected S status in the current year. How much passive investment income can Shanghai earn and retain its S status?
Founded
The act of establishing something, such as an organization, city, or country, typically marked by a formal declaration or ceremony.
Public Education
An education system that is provided by the government, funded by taxes, and free at the point of use, ensuring universal access to education.
Northern States
States located in the northern region of the United States, often associated with the Union during the American Civil War.
Segregated School Systems
Educational institutions divided based on race or ethnicity, often resulting in unequal resources and quality of education.
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