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
c
Business
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Which of the following is a function of the European Commission?
A. It acts as the principal initiator of overall policy for the EU. B. It drafts legislation for submission to the Council and the Parliament. C. It determines the EU's annual budget in conjunction with the Council of the EU. D. It coordinates the economic policies of the member states.
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When there is an anticipatory repudiation, the aggrieved party will not have a cause of action
until the time that performance was due. Indicate whether the statement is true or false
Business