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Author Question: Give five examples of nonprofit corporations.[br][br][b][color=#FA1639]Question ... (Read 93 times)

Tazate

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on: Jun 24, 2018
Give five examples of nonprofit corporations.

Question 2

What are the advantages of the corporation form of business organization?


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Bsand8

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Reply #1 on: Jun 24, 2018
Answer to Question 1

Examples could include churches, synagogues, private schools, colleges, and universities, many charities, labor unions, environmental groups, and other public interest organizations, American Red Cross, Boy Scouts of America, and the Salvation Army. Incorrect answers would include incorporated towns and cities, cooperatives, and credit unions.

Answer to Question 2

More sources of funds, limited liability of investors, availability of specialized management, and unlimited life of the company.


Tazate

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

lcapri7

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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