A Non-Profit Corporation

question 7

Multiple Choice

A non-profit corporation

• A) cannot generate any income
• B) always has tax exempt status
• C) cannot distribute any profit to its members
• D) both b and c
• E) all of the above

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Definitions:

Hot

Having a high temperature, often used in the context of describing the thermal state of magma, lava flows, or the Earth's core.

Thick

Having a large distance between opposite sides or surfaces; not thin.

Vesicles

Small cavities in volcanic rocks created by the expansion of gas bubbles during solidification of the magma.

Flow Bands

Visible layers or bands in volcanic rocks that indicate the flow direction of the magma from which the rocks formed.