Which of the Following Is Not a Typical Characteristic of a Non-Business

question 32

Multiple Choice

Which of the following is not a typical characteristic of a non-business organization?

• A)No equity investors
• B)May have restrictive funds
• C)Rely on the sale of goods and services
• D)Provision of collective goods and services

---

Definitions:

Arbitration

The process of reaching a binding decision through an arbitrator (a third party) outside the courts.

Law of the Sea

A body of international law governing the rights and duties of countries in their use of the world's oceans and their resources.

Prosecuting

The act of accusing someone of a crime and conducting a trial to prove their guilt or innocence.

Jurisdiction

The official power to make legal decisions and judgments, typically in a specific geographical area or over certain types of legal cases.