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Question
question 36 (2.5 points)
money given by investors to start-up businesses and high-risk enterprises in order to get their businesses off the ground is called
a) commingling capital.
b) b corporations.
c) alter-ego theory.
d) venture capital.
question 37 (2.5 points)
a for-profit corporation that wants to have a positive impact on society, but must also comply with specific statutory requirements is called
a) not-for-profit corporation.
b) s corporation.
c) b corporation.
Question 36
Brief Explanations
- Option a: Commingling capital refers to mixing funds, not for start - ups.
- Option b: B corporations are for social and environmental impact, not about funding start - ups.
- Option c: Alter - ego theory is a legal concept, not related to investment for start - ups.
- Option d: Venture capital is defined as money invested in start - up and high - risk businesses to help them start.
Brief Explanations
- Option a: Not - for - profit corporations are not for - profit, while the question is about a for - profit corporation.
- Option b: S corporations are for tax purposes and shareholder structure, not for social impact with statutory requirements as described.
- Option c: B Corporations are for - profit corporations that aim for positive social impact and must meet specific statutory requirements.
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d) venture capital.