B Corps Official Quiz

Who were the three founders of B Corps?

• Tim Cook, Gary Vee, And Jeff Bezos

• Bart Coen Gilbert, Jay Houlahan And Andrew Owen

• Jay Coen Gilbert, Bart Houlahan And Andrew Kossoy

• None of the Above

What best describes B Labs?

• A profitable company that certifies S corporations

• A non-profit company that certifies B corporations

• A profitable company that certfies S and B corporations

• A non-profit company that certifies S and B corporations

What are the goals of B Labs?

• B Labs provide owners limited liability protection, regardless of its tax status.

• B Labs plans to pursue their goals by verifying leaders for who are for profit

• B Lab plans to pursue their goals by verifying credible leaders in the business community

• None of the above

How does a corporation become a Certified B Corp?

• B Corp is a voluntary certification for businesses that attests to higher standards of social performance

• B Corp is a voluntary certification for businesses that attests to higher standards of environmental performance

• B Corp is a voluntary certification for businesses that attests to higher standards of accountability and transparency

• All the Above

A benefit corporation

• Is a legal structure with protected requirements of higher purpose, accountability, and transparency.

• is the US-specific form of a private limited company.

• is a special tax designation granted by the IRS that lets corporations pass their corporate income, credits and deductions through to their shareholders.

• offers unlimited growth potential through the sale of stocks, which means you can attract some very wealthy investors. Plus, there is no limit to the number of shareholders a B corp can have.

Bonus Question: What are the presenters names?

• Ravneel, Eyad, Travis and Rosa

• Rajneel, Eddy, Trent, and Rosie

• Raneel, Edward, Turner and Rachel

• I didn't pay attention to the presentation