Question: PLEASE FOLLOW THIS FORMAT: answer the question in a direct 3-4 sentences *Blank* is the type of corporation. This is why they are considered a

PLEASE FOLLOW THIS FORMAT: answer the question in

PLEASE FOLLOW THIS FORMAT: answer the question in a direct 3-4 sentences

*Blank* is the type of corporation. This is why they are considered a *Blank* corporation. This is the legal theory that supports why they are a *Blank* corporation.

Due tonight. Thank you!

Case 7.4 Corporation Hutchinson Baseball Enterprises, Inc. (Hutchinson, Inc.), was incorporated under the laws of Kansas. Among the purposes of the cor- poration, according to its bylaws, were to promote, advance, and sponsor base. ball, which shall include Little League and Amateur baseball, in the Hutchinson, Kansas, area. The corporation was involved in a number of activities, including leasing a field for American Legion teams, furnishing instructors as coaches for Little League teams, conducting a Little League camp, and leasing a baseball field to a local junior college for a nominal fee. Hutchinson, Inc., raised money through ticket sales to amateur baseball games, concessions, and contributions. Any profits were used to improve the playing fields. Profits were never distributed to the corporation's directors or members. What type of corporation is Hutchin- son, Inc.? Hutchinson Baseball Enter., Inc., v. Commr of Internal Revenue, 696 F.2d 757 (10th Cir. 1982)

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