The private foundation status of an exempt organization will terminate if it:

Which of the following activities regularly conducted by a tax-exempt organization will result in unrelated business income?

I. Selling articles made by disabled persons as part of their rehabilitation, when the organization is involved exclusively in their rehabilitation.
II. Operating a grocery store almost fully staffed by emotionally disabled persons as part of a therapeutic program.

Which of the following is the correct designation for an exempt organization?

With regard to unrelated business income of an exempt organization, which one of the following statements is correct?

Of the following types of business, which may not qualify for a 501c3 exemption from federal income taxes?

ABC Trust is an exempt organization that operates under a corporate charter granted by the state in which its principal office is located. ABC’s tax on unrelated business taxable income is: