an exempt organization can be organized as which of the foll

an exempt organization can be organized as which of the following business entities

a. trust

b. sole proprietorship

c. partnership

d. s corporation

Solution

a. trust

Explanation- 501(c)(3) organisation is a corporation, trust, unincorporated association, or other type of organization that is exempt from federal income tax under section 501(c)(3) of title 26 of the United States Code.