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Books to Grow, a Corporation Owned and Managed by Volunteers

Question 34

Multiple Choice

Books to Grow, a corporation owned and managed by volunteers, supplies books and educational materials to impoverished children in Latin America. Its focus is not on earning a profit but on serving the community. Books to Grow is an example of a(n)


A) sole proprietorship.
B) domestic corporation.
C) nonprofit corporation.
D) quasi-public corporation.
E) C corporation.

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