Winston recently became the treasurer of Homeless, Inc., a 501(c)(3) organization that feeds individuals who are in challenging circumstances. One of the entity's directors has proposed that Homeless purchase and operate a fast-food franchise to raise additional revenue (a projected annual increase of 45%) for its charitable mission. Because the earnings generated by the fast-food franchise would be tax-exempt, substantial additional net revenues would be provided.

Considering the director's proposal and unrelated business income tax, classify each of the following as either a "True" or "False" statement.

a.	Income from the fast-food franchise would be considered unrelated business income.	TrueFalse
b.	Income from the fast-food franchise would be tax-exempt income.	TrueFalse
c.	The income from the fast-food franchise would cause Homeless, Inc. to lose their tax-exempt status.	TrueFalse
d.	Income from the fast-food franchise would result in unrelated business income tax