Which of the Following Is a Criticism of Benefit Corporations

question 29

Multiple Choice

Which of the following is a criticism of benefit corporations?

• A) They are the only type of corporation not treated as individuals.
• B) They are not treated as taxable entities even though they have shareholders.
• C) They place too much emphasis on profit maximization.
• D) They may be less accountable to shareholders.
• E) They are exempt from all forms of taxation.

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Definitions:

Corporations

Organizations that exist independently from their proprietors, with the ability to possess assets, engage in agreements, and face litigation.

Networking

Making personal connections and cultivating relationships with people in a certain field, profession, or area of interest.

Personal Business Connections

Relationships or networks established between individuals through their professional activities for mutual benefit.

Field

A specific area of study, work, or interest, often referring to a professional sector or academic discipline.