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This corporation is a benefit corporation, or a corporation that makes a profit and provides some social or environmental benefit to the community S Corporation B Corporation A Corporation C Corporation

Question

This corporation is a benefit corporation, or a corporation that makes a profit
and provides some social or environmental benefit to the community
S Corporation
B Corporation
A Corporation
C Corporation

This corporation is a benefit corporation, or a corporation that makes a profit and provides some social or environmental benefit to the community S Corporation B Corporation A Corporation C Corporation

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LaylaVeteran · Tutor for 10 years

Answer

B. B Corporation

Explain

The problem is asking to identify the type of corporation that makes a profit while also providing some social or environmental benefit to the community. Among the options given, a B Corporation (Benefit Corporation) is specifically designed to meet higher standards of social and environmental performance, accountability, and transparency. This type of corporation is legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment.
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