Which of the Following Statements About the B-Corporation Is True

question 46

Multiple Choice

Which of the following statements about the B-corporation is true?

• A) A B-corporation is a corporation established for charitable, public, or religious purposes, or for mutual benefit, as recognized by federal and state laws.
• B) The B-corporation is known as a benefit corporation, a nonprofit entity with a social mission.
• C) B-corporations are not allowed to make a profit.
• D) The B-corporation legal form is recognized in all 50 U.S. states.
• E) None of these are correct.

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Definitions:

Systematic Discrimination

Processes and practices that lead to consistent and widespread unequal treatment of individuals based on race, gender, or other characteristics.

Wage Paid

The amount of money that employers pay to employees for their labor or services within a given time period.

Workers

Individuals employed by others or self-employed, contributing labor to produce goods or provide services.

Human Capital

The sum of abilities, expertise, and learned information that an individual or group has, considered in relation to its worth or expense for a company or nation.