Public Schools,charities and Government Agencies Are Not Classified as Businesses

Multiple Choice

Public schools,charities and government agencies are not classified as businesses because they:

A) have not been incorporated.
B) do not seek to earn a profit.
C) provide services rather than goods.
D) do not have any stockholders. Although schools,charities,and government agencies often provide goods and services,they do not seek a profit.Therefore,they are nonprofit organizations rather than businesses.