Q230
Which of the following is non-profit organization?
A.
Sole proprietorship
B.
Partnership
C.
Limited company
D.
Trust
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Trust is non-profit organization. A nonprofit organization is a business that has been granted tax-exempt status by the Internal Revenue Service (IRS) because it furthers a social cause and provides a public benefit.