Consider the following rhombus ABCD, where diagonals AD and BC intersect at O. In a rhombus all sides are equal and opposite sides are parallel. Further a rhombus is also a parallelgram and hence exhibits properties of a parallelogram andwe use that diagonals of a parallelogram bisect each other. Hence in #DeltasABP# and #BCO#, we have. #AO=CO# - diagonals of a parallelogram bisect each other. #AB=BC# - sides of a rhombus
If an unincorporated associationâs purpose is charitable, educational, and/or scientific in nature, it can qualify as a Section 501(c)(3) organization (also called a public charity).Contributions to Section 501(c)(3)s are tax deductible.f an unincorporated associationâs purpose is charitable, educational, and/or scientific in nature, it can qualify as a Section 501(c)(3) organization (also called a public charity).
1 â If your group is a commercial venture, then consider a profit-based structure such as an industrial and provident society, a partnership, or a company. 2  Trusts and incorporated societies can make profits, but if they have charitable status or are not-for-profit then the profits cannot go to members.ith some of the legal forms discussed in this section, the decision-makers are accountable to a wider membership (for example, an incorporated society). With others, control can be limited to a very small number of people (a trust or company for example).