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Question
A hospital that provides free services to the needy but charges nominal fees from others is classified as a non-profit organisation.
Options
True
False
MCQ
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Solution
True
Explanation:
A hospital that provides free services to the needy but charges nominal fees from others is indeed classified as a non-profit organisation. Such organisations aim to serve the public or a specific community's needs rather than focusing on generating profits. The revenue generated from nominal fees is typically used to sustain the services provided to those who cannot afford to pay.
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