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Law, 15.12.2021 21:50 maritzahernandez32
An individual who wants to earn a living from a new business endeavor has
decided to start his business as a not-for-profit organization. How can he
earn money under this
arrangement?
A. A not-for-profit organization can earn profits for its owner through
stock sales.
B. The not-for-profit classification only applies to the sales of goods,
not services,
c. A not-for-profit organization is allowed to use income to pay
employees a reasonable salary.
D. If he later incorporates his not-for-profit business, he can keep the
profits from the transition
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Answers: 2
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