Which of the following statements about capital structure theory and not-for-profit businesses is most correct?

A	The trade-off theory is not applicable to not-for-profit businesses.

B	The trade-off theory is applicable, but not-for-profit businesses do not have the same degree of financial flexibility as do for-profit businesses.

C	The trade-off theory is not applicable, but the asymmetric information theory is applicable.

D	Neither the trade-off theory nor the asymmetric information theory is applicable.

E	Not-for-profit businesses have their own capital structure model called the Charitable Debt Theory.