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A Corporation Established for Charitable, Public (Scientific, Literary, or Educational)

Question 41

Multiple Choice

A corporation established for charitable, public (scientific, literary, or educational) , or religious purposes or for mutual benefit (trade associations, tennis clubs) , as recognized by federal and state laws, is a ____. ​


A) nonprofit corporation
B) joint venture
C) syndicate operation
D) limited partnership
E) sole proprietorship

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