According to the Box, "Kickstarting a Benefit Corporation," a Benefit

question 147

Multiple Choice

According to the box, "Kickstarting a Benefit Corporation," a benefit corporation is

• A) a mission-based company judged by how well it meets its own set of socially or environmentally beneficial goals.
• B) a nonprofit organization.
• C) a corporation without the possibility of double taxation because it's tax exempt.
• D) a special corporation type for crowdfunding sites.

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Definitions:

Basal Bodies

Microtubule-organizing centers found at the base of cilia or flagella in eukaryotic cells, crucial for their growth and function.

Mitochondria

Organelles found in the cytoplasm of eukaryotic cells that produce energy through cellular respiration, often referred to as the powerhouses of the cell.

Hydrolytic Enzymes

Enzymes that catalyze the cleavage of bonds in molecules through the addition of water.

Lysosomes

Organelles containing enzymes responsible for breaking down waste materials and cellular debris within cells.