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Basic Question 4 of 4
Which statement(s) is/are true regarding non-profit corporations?
II. They don't distribute dividends.
III. They generally don't pay taxes.
I. The don't have shareholders.
II. They don't distribute dividends.
III. They generally don't pay taxes.
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
compare the organizational forms of businesses
CFA® 2025 Level I Curriculum, Volume 2, Module 1.