Which Country Has a Caste System Based on Occupation Groupings

question 2

Multiple Choice

Which country has a caste system based on occupation groupings?

• A)India
• B)the United States
• C)South Africa
• D)a and b only
• E)b and c only

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Definitions:

Stockholders

Individuals or institutions that own at least one share of a company's stock, essentially owning a portion of the company.

Tax Deductible

Refers to expenses that can be subtracted from gross income to determine taxable income, thereby reducing the overall tax liability.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Debt-to-Equity Ratio

It's a ratio that signifies the proportional use of debt and shareholders' equity in the acquisition of company assets.