Which of the Following Statements Is Correct

question 89

Multiple Choice

Which of the following statements is correct?

• A)The unrelated business income tax (UBIT)does not apply to exempt organizations that receive broad public support.
• B)The unrelated business income tax (UBIT)treats the tax-exempt entity as if it were subject to the corporate income tax on its unrelated business income.
• C)Unrelated business income is income derived from activities not related to the exempt purpose of the exempt organization.
• D)Only b.and c.are correct.
• E)a. ,b. ,and c.are correct

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Definitions:

Ostracism

refers to the exclusion from a society or group.

Chain Migration

A process by which immigrants sponsor several other relatives for immigration, creating chains of people linked by family ties.

Social Attachments

Emotional bonds between individuals, crucial for emotional development and contributing to an individual's sense of security and belonging.

Cooperative Child Raising

A parenting approach involving collaboration among multiple caregivers, sharing the responsibilities of child rearing to enhance socialization and support.