Which of the Following Requirements Must Be Satisfied for a Bingo

question 12

Multiple Choice

Which of the following requirements must be satisfied for a bingo game to be classified as not being an unrelated trade or business?

• A) The bingo game is legal under both state and local law.
• B) The bingo game is conducted by volunteers.
• C) For-profit bingo games ordinarily are not permitted in the jurisdiction.
• D) Only a. and b. must be satisfied.
• E) Only a. and c. must be satisfied.