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SunRay Foundation,a Corporation Owned and Managed by Volunteers,supplies Medicines and Vaccines

Question 64

Multiple Choice

SunRay Foundation,a corporation owned and managed by volunteers,supplies medicines and vaccines to impoverished people in Asia and Africa.Its focus is not on earning a surplus but on serving the community.SunRay Foundation is an example of a(n) _____.


A) S corporation
B) domestic corporation
C) nonprofit corporation
D) quasi-public corporation
E) C corporation

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