Which of the Following Requirements Must Be Satisfied for a Bingo

question 12

Multiple Choice

Which of the following requirements must be satisfied for a bingo game to be classified as not being an unrelated trade or business?

• A) The bingo game is legal under both state and local law.
• B) The bingo game is conducted by volunteers.
• C) For-profit bingo games ordinarily are not permitted in the jurisdiction.
• D) Only a. and b. must be satisfied.
• E) Only a. and c. must be satisfied.

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Definitions:

Pretesting

The process of testing an advertisement or campaign on a small scale before launching it to a wider audience to assess its effectiveness.

Developing

The process of growth and expansion in terms of improvement, innovation, or advancement in a particular area or field.

Assessing

The act of evaluating or appraising a situation, person, or system to determine its conditions or value.

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A marketing strategy where businesses recruit distributors to sell products, who in turn recruit others, creating multiple levels of compensation.