1. Nonprofit organizations differ from for-profit businesses in that ____ (1 point)
2. Local craftsmen form a voluntary association, pooling resources and engaging in other cooperative behaviors to increase sales of their products. This scenario is an example of a ____ (1 point)
3. Which of the following could be classified as a franchise? (1 point)
4. A car washing company has developed a successful business model with effective pricing and marketing. To leverage this success, the company plans to sell licenses to potential business owners, giving them permission to use the name, product, and prices of the car washing company at different locations. In this scenario, the car washing company is ____ (1 point)
5. A nonprofit organization with 501(c)(3) designation differs from other nonprofits in that the 501(c)(3) nonprofit organization ____ (1 point)