Which of the following statements about financial aid are true?
a. elite, private colleges don't offer financial aid packages.
b. most high school varsity sports team members will receive an athletic scholarship.
c. only children of unemployed parents can't qualify for financial aid.
d. financial aid is available to community college students

Assume you plan to start a new enterprise; you know the probability of having losses for the first three years of operations is almost 90 percent, and you know you will report a substantial amount of income from other sources during those same three years. from a tax perspective, which of the following entity choices would not allow you to offset the entity losses against your income from other sources? c corporation s corporation llc general partnership