In a B Corporation, Shareholders Can Sue Directors If the Company

question 65

True/False

In a B corporation, shareholders can sue directors if the company falls short of its stated social mission.

---

Definitions:

Services for Cash

Transactions in which services are provided with immediate payment in cash, not involving credit terms.

Liability

An obligation of a company or an individual arising from past transactions or events, leading to a future outflow of assets.

Revenue

Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations.

Drug Interactions

The effects that may occur when the effect of one drug is altered by the presence of another drug, food, beverage, or supplement.