Which of the Following Statements Is Correct

question 89

Multiple Choice

Which of the following statements is correct?

• A)The unrelated business income tax (UBIT)does not apply to exempt organizations that receive broad public support.
• B)The unrelated business income tax (UBIT)treats the tax-exempt entity as if it were subject to the corporate income tax on its unrelated business income.
• C)Unrelated business income is income derived from activities not related to the exempt purpose of the exempt organization.
• D)Only b.and c.are correct.
• E)a. ,b. ,and c.are correct

Understand the basic principles of agency relationships and authority types.

Recognize legal doctrines and principles applicable to employer-employee and principal-agent relationships.

Identify the factors that determine the scope of an employee's actions within the course and scope of employment.

Understand the circumstances under which an employer or principal can be held liable for an agent's or employee's actions.

---

Definitions:

Neural Networks

Computational models designed to simulate the way the human brain analyzes and processes information, used broadly in artificial intelligence.

Product's Code

A unique identifier assigned to a product, usually in the form of an alphanumeric string, which helps in identifying and tracking the product.

Smartphone

A mobile phone that combines cellular and mobile computing functions into one device, including internet access and the ability to run apps.

Computer Programs

Instructions written by programmers that are executed by a computer to perform specific tasks or operations.