Which of the Following Is True of Benefit Corporations in the United

question 38

Multiple Choice

Which of the following is true of benefit corporations in the United States?

• A) They are nonprofit organizations.
• B) They have an additional focus beyond making money.
• C) They are illegal entities.
• D) They focus on the needs of their shareholders rather than the society.

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Definitions:

Social Capital

The networks, relationships, and connections among individuals that can facilitate cooperation and contribute to communal or economic benefits.

Latino

A term referring to people of Latin American origin or descent, often used interchangeably with Hispanic in the United States.

Hispanic

relating to, characteristic of, or derived from the people, culture, or language originating from Spanish-speaking countries.

America

Commonly refers to the United States, a country consisting of 50 states, located primarily in North America.