Question

Fiction County Sheltered Workshop is a 501(c)(3) corporation. Day Services, a C corporation operating in the same county, has offered to buy FCSW. If this transaction occurs, what happens to the money Day Services will pay for FCSW?

a. The money will go to another nonprofit corporation. b. The money will be distributed to the founders of FCSW.

c. The money will be distributed to the clients of FCSW. d. The money will go to the federal government.

Answer

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