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If a Tax-Exempt Organization Dissolves and Goes Out of Business,it

question 36

True/False

If a tax-exempt organization dissolves and goes out of business,it must distribute its assets to another tax-exempt organization.


Definitions:

Younger Sediments

Sediment layers that have been deposited more recently over older layers in the geological strata.

Black Smokers

Hydrothermal vents on the seafloor that emit clouds of black material, rich in minerals like sulfides.

Copper Deposits

Concentrations of copper within the Earth that can be mined for economic value.

Seawater

The salty water found in seas and oceans, containing dissolved salts, minerals, and gases.

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