Examlex

Solved

To Satisfy the Broadly Supported Provision to Avoid Classification as a Private

question 78

True/False

To satisfy the broadly supported provision to avoid classification as a private foundation, the exempt organization must satisfy both an external support test and an internal support test. Under the internal support test, more than one- third of the exempt organization's support for the taxable year must come from gross investment income and unrelated business taxable income.


Definitions:

Emotion-arousing Event

An occurrence that triggers a strong emotional response, whether positive or negative.

Physiological

Relating to the normal functions of living organisms and their parts, including all physical and chemical processes.

Homosexuality

A sexual orientation characterized by a romantic or sexual attraction to individuals of the same sex.

James-Lange

A theory of emotion suggesting that physiological arousal precedes the experience of emotion.

Related Questions