Which of the following is true of nonprofit corporations?

A) They include hospitals, educational institutions, and charities, but exclude religious groups.
B) They are always privately held corporations that are created for charitable and benevolent purposes.
C) They are used by groups to carry out transactions and own property without individuals being held liable.
D) In legal papers, they are referred to as Subchapter S corporations.

C

Business

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A contract which, according to the Statute of Frauds, must be in writing in order to maintain a court action for enforcement is:

A: The employment of a business opportunity broker to sell the stock, fixtures, and goodwill of a business; B: The employment of a business opportunity broker to find a business to be purchased by his principal; C: The employment of a broker to exchange leases on properties zoned for retail business; D: Any agreement which is not to be performed within one year.

Business

_____ is defined as the process by which employees expose illegal or immoral actions by their employer

A. Social exchange B. Whistleblowing C. Abusive supervision D. Distributive justice E. Economic exchange

Business