Match the Following Statements with the Correct Description

question 166

Multiple Choice

Match the following statements with the correct description.

-§ 501(h)

• A) Exempt organization under § 501(c)(3).
• B) May not be subject to Federal income tax.
• C) Permits limited lobbying activities.
• D) Exempt organization under § 501(c)(7).
• E) Carries on a trade or business for the benefit of an exempt organization and remits its profits to the exempt organization.

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Definitions:

Mechanism

The detailed process or steps through which a chemical reaction occurs, explaining how reactants are transformed into products.

Reaction

A process in which substances, the reactants, transform into different substances, the products, through breaking and forming of chemical bonds.

Organic Chemistry

The scientific study of the structure, properties, composition, reactions, and synthesis of organic compounds that contain carbon in covalent bonding.

Reaction

refers to a process in which one or more substances (reactants) are converted to one or more different substances (products).