Selecting a Convenient Location Is Important to the Distribution of a Nonprofit

question 204

True/False

Selecting a convenient location is important to the distribution of a nonprofit service.

---

Definitions:

Subchapter S Corporation

A form of corporation in the U.S. that meets specific Internal Revenue Code requirements and passes income, losses, deductions, and credits to its shareholders for federal tax purposes.

Professional Corporations

A type of corporation for professionals (such as lawyers, doctors, and accountants) that offers certain tax and legal advantages.

Public Corporations

Entities established by a government to undertake commercial activities on behalf of the government.

Nonprofit Corporations

are legal entities organized for purposes other than generating profit, where surplus revenues are reinvested in the entity's mission rather than distributed to shareholders.