Social Entrepreneurs' Ventures Are Usually Structured as

question 319

Multiple Choice

Social entrepreneurs' ventures are usually structured as

• A)business firms.
• B)subchapter S corporations.
• C)nonprofit organizations.
• D)governmental agencies.
• E)501(c)(3)for-profit organizations.

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Definitions:

State Law

Legislation that is enacted by a state's legislative body and applicable within that state, governing matters not reserved to the federal government.

Federal Law

legislation enacted by the national government of a country, which has supremacy over state and local laws where they conflict.

Federal Overtime Pay Requirements

Regulations established by the Federal Government dictating the conditions under which employees are entitled to receive overtime pay, typically based on exceeding a certain number of hours worked per week.

Waiver

An intentional, knowing relinquishment of a legal right.