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Revenue Generated by an Exempt Organization from the Distribution of Low-Cost

question 119

True/False

Revenue generated by an exempt organization from the distribution of low-cost items is not income from an unrelated trade or business.


Definitions:

Necessary Condition

A prerequisite that must exist or be met for a particular event or thing to occur or be considered true.

Screws

Fasteners with a threaded shaft designed to hold objects together or to position them.

Threaded

Describes the process or the characteristic of incorporating threads for parallel execution in programming or mechanical connections.

Metallic

Pertaining to metals, their properties, characteristics, or appearance.

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