A social enterprise must do all of the following EXCEPT
A)register with the state as a nonprofit organization.
B)state in its charter that it is a benefit corporation.
C)obtain approval of its charter from two-thirds of its shareholders.
D)measure its social benefit using a standard set by an objective third party.

Question

Quizplus · Accepted Answer

Registering as a nonprofit organization is not a requirement for a social enterprise, as social enterprises can operate under various legal forms, including for-profit models that focus on social objectives.

A Social Enterprise Must Do All of the Following EXCEPT