VentureBeat.com has an article entitled Startups: Should You Incorporate as a Public Benefit Corporation? Instructions Do an
Question:
VentureBeat.com has an article entitled "Startups: Should You Incorporate as a Public Benefit Corporation?"
Instructions
Do an online search on VentureBeat and the title of the article. Read the article and then answer the following questions.
a. How does the article describe public benefit corporations? What is the difference between a public benefit corporation and a "B Corp." What companies does the article say have both certifications?
b. Are public benefit corporations and non-profit corporations the same thing?
c. How are the public benefit goals of a public benefit corporation enforced?
d. In what way can public benefit corporation status protect a company from lawsuits? What example does the article give?
Step by Step Answer:
Financial Accounting Tools For Business Decision Making
ISBN: 9781119791089
10th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell