Question

HealthAssist, a corporation owned and managed by volunteers, supplies vaccines, medicines, and first aid supplies to...

HealthAssist, a corporation owned and managed by volunteers, supplies vaccines, medicines, and first aid supplies to impoverished populations in Southeast Asia and Africa. Its focus is not on earning a surplus but on serving the community. HealthAssist is an example of

Multiple Choice

  • a domestic corporation.

  • a private corporation.

  • a limited partnership.

  • a nonprofit corporation.

  • a quasi-public corporation.

Homework Answers

Answer #1

Please rate the answer
Answer
d) a non profit corporation  .
It is an Association of people that work together for furthering a social cause . with no objective to earn profits. This is the most suitable option .

Private corporations work with the objective of profit maximization .
Domestic corporation is a company which carries on its affairs in the home country . IT is not a domestic corporation because it supplies to Africa and Southeast Asia.
Limited partnerships work with the objective of wealth maximization
A quasi public corporation is a private corporation backed up by government . There is not sufficient information regarding the ownership .

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT