Examlex
Which of the following statements about school-age children's friendships is true?
501(c)(4) Organizations
Nonprofit groups recognized under the U.S. tax code as "social welfare" organizations, permitted to engage in advocacy and lobbying efforts to a certain extent.
Benefit Corporations
A type of for-profit corporate entity, legislated in many U.S. states, that includes positive impact on society, workers, the community, and the environment in addition to profit as its legally defined goals.
For-Profit Corporations
Business entities that operate with the primary goal of earning profits for their shareholders, differentiating from non-profit organizations.
Social Purpose Corporations
A type of business that integrates social or environmental goals with profit-making, aiming to address societal challenges through its operations and practices.
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