Question

Which of the following is an institution that functions much like a business, but does not operate for the purpose of generating profits? a business franchise a nonprofit organization a consumer cooperative a labor union

Answer 1

Non-profit organization

Answer 2

a nonprofit organization

Explanation:

A non profit organization is an organization that works with humanitary goals, and has non profit characteristics, they can not have a profit from their activities, but are able to gather money and to pay wages to their employees, they can also receive donations and are exempted from paying some kind of taxes.