Robert began a business to help low-income people attain car loans at low-income rates. The business is exempted from taxation and attracts donations from car dealers. Robert started a _____ venture.

Question

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Robert's business, which helps low-income people attain car loans at low-interest rates and is exempt from taxation while attracting donations, is described as a nonprofit venture. This is because its primary goal is not to make a profit but to serve a social cause.

Robert Began a Business to Help Low-Income People Attain Car