The given sentence has been broken up into four different parts. The error, if any, will be in one or more parts of the sentence. Select the option which contains the part of the sentence which is free from an error. If all are incorrect choose ‘Option 5’ as your answer.

Most of the educational organizations are for-profit organizations (A) / but the government is not ready to address the same (B) / and it is still formulating policies considering (C) / they as not-for-profit organizations. (D)