Which of the Following Statements About Incorporated Not-For-Profit (NFP)organizations Is

question 13

Multiple Choice

Which of the following statements about incorporated not-for-profit (NFP) organizations is true?

• A)Incorporated NFP organizations can only issue preferred share capital.
• B)Incorporated NFP organizations do not have share capital.
• C)Incorporated NFP organizations can only be government-owned.
• D)NFP organizations cannot be incorporated.

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Definitions:

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