Wiley incorporates his business as Wiley's Wire Inc. in Arizona. He and his group of shareholders intend to make a profit from their sales of fencing wire. Wiley's is

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Wiley's Wire Inc. is a for-profit corporation, as indicated by the fact that the shareholders intend to make a profit from their sales of fencing wire. The fact that the corporation is incorporated in Arizona also suggests that this is a private corporation, rather than a public one that is traded on a stock exchange. While a benefit corporation is a type of corporation that seeks to achieve both financial and social or environmental goals, no information is provided to suggest that Wiley's Wire Inc. has elected to be a benefit corporation. Finally, a nonprofit corporation would have a charitable or social purpose, and would not be organized for the purpose of making a profit. Therefore, D is the best choice.

Wiley Incorporates His Business as Wiley's Wire Inc