Which of the following classes of corporation has members rather than shareholders?

Name: Which of the following classes of corporation has members rather than shareholders?
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Question

Quizplus · Accepted Answer

Not-for-profit corporations do not expect to make a profit.Instead,they provide services to their members under a plan that eliminates any profit motive.These corporations have members rather than shareholders,and none of the surplus revenue from their operations may be distributed to their members.

Which of the Following Classes of Corporation Has Members Rather