Which of the Following Are Organizations Exempt Under § 501(c)(3)

question 87

Multiple Choice

Which of the following are organizations exempt under § 501(c) (3) ?

• A)Girl Scouts of America.
• B)Washington and Lee University.
• C)League of Women Voters.
• D)Only a.and b.are § 501(c)(3)organizations.
• E)All of the above are § 501(c)(3)organizations.

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Definitions:

Maximum Loss

The highest possible amount an investment might lose.

Call Contract

A financial contract that gives the buyer the right, but not the obligation, to buy a specified amount of an asset at a predetermined price within a specified time period.

Write

In finance, to sell an option contract, effectively creating a new option in the market.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a specified period.