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Question
Which of the following statements regarding Benefit Corporations is true?a. Benefit corporations are required to identify one or more specific benefit purposes.
b. Directors of benefit corporations are protected from all lawsuits from both shareholders and beneficiaries of the corporation's public benefit purpose.
c. Benefit corporations are incorporated under state law with the intent to be profitable.
d. All of these statements regarding benefit corporations are true.
Answer
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Related questions
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b. people are too poor to grow food
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d. Neither a. nor b.
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II. They are a focal point for persuading the corporate world that a new ethical discourse is emerging.
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IV. They are created in an attempt to persuade managers and employees that they should be proud of their workplace.
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PAGE: 103 - 104
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a. True
b. False
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