Which of the Following Is a Characteristic of a Nonprofit

question 17

Multiple Choice

Which of the following is a characteristic of a nonprofit corporation?

• A) The trustees have unlimited liability status.
• B) It enjoys tax-exempt status.
• C) It is formed to provide a professional service.
• D) It is owned by and operated for the benefit of patrons using its services.

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Definitions:

Stanford-Binet

A standardized test that assesses intelligence and cognitive abilities in individuals, used widely in educational settings.

Normal Distribution

A symmetrical distribution with a majority of the cases falling in the middle of the possible range of scores and few scores appearing toward the extremes of the range.

WAIS-III

The Wechsler Adult Intelligence Scale-Third Edition, a tool used to assess the intelligence and cognitive ability of adults.

Intelligence Test

An assessment tool designed to measure a person's intellectual abilities and potential.