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To qualify for exemption from federal income tax under Section 501(c)(3), an organization can be organized as: a. Sole Proprietorship, operated exclusively to advance a
To qualify for exemption from federal income tax under Section 501(c)(3), an organization can be organized as:
a. Sole Proprietorship, operated exclusively to advance a religious purpose
b. Partnership, operated exclusively to advance a charitable purpose
c. Corporation, operated exclusively to advance scientific purposes
d. Corporation, operated to advance the financial interests of its shareholders
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