Which of the following forms of corporation is designed for businesses that exist to make positive social or environmental impacts? B A) S corporation B) Nonprofit corporation C) B corporation D) Professional corporation
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- Define Corporation and some advantages of being a corporation in financial perspective.Explain the Steps in the Creation of a Corporation?Which of the following best defines stakeholders? A. investors and lenders B. environmental groups C. anyone directly or indirectly affected by the organization D. groups or individuals financially impacted by the organization
- Define corporation and explain the effects of the continuous inoperation of a corporation.Which of the following least likely distinguishes nonprofits from for-profit corporations? a) Profit generation. b) Tax payments. c) Number of shareholders and dividend payments.Differentiate between closely held and publicly owned corporations.
- Which of the following would be considered an advantage of a corporation? O Control of business decisions O Taxed on your personal income O Easy to start O Limited LiabilityCharacteristics of a corporation include Group of answer choices shareholders who are mutual agents direct management by the shareholders (owners) its inability to own property shareholders who have limited liabilityDescribe advantages of corporation.