Which of the following organizations would not be allowed to incorporate as a benefit corporation?
A) Rossi, Inc., which owns a chain of pizzerias in 7 U.S. states throughout the Midwest
B) Children of the World, a nonprofit organization that helps needy children
C) Tech-Tronics, which sells technology products such as computers, printers, and MP3 players
D) Fashion Plus, which sells women's clothing items
E) Count-On-Us Financial Services, which provides accounting services, such as bookkeeping preparation, and tax services, such as tax return preparation

Question

Quizplus · Accepted Answer

Benefit corporation status is only available to for-profit organizations, not nonprofits like Children of the World. The other options are all for-profit companies that could potentially incorporate as benefit corporations.

Which of the Following Organizations Would Not Be Allowed to Incorporate