Revenue Generated by an Exempt Organization from the Distribution of Low-Cost

question 119

True/False

Revenue generated by an exempt organization from the distribution of low-cost items is not income from an unrelated trade or business.

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Definitions:

Physical Form

The tangible aspect or embodiment of something, usually referring to documents or goods that have a material existence.

Repairs

The action of fixing or restoring something that is broken, damaged, or not working properly.

Reject

To refuse to accept, submit to, believe, or make use of something.

Running Order

A sequence or schedule of tasks, performances, or events arranged in the order they are to take place or be executed.