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​Everett Wants to Start a Sports Club to Benefit Inner-City

Question 53

Multiple Choice

​Everett wants to start a sports club to benefit inner-city children and teach them rock climbing, mountaineering, and other outdoor sports. He wants to take donations to support the club rather than sell stock. What business form would be best for this club?


A) ​Not-for-profit corporation.
B) ​S-corporation.
C) ​Partnership.
D) ​Syndicate.

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