Please read below and answer within 250 or more words and cite where you found t

Question

Please read below and answer within 250 or more words and cite where you found the information.

The textbook discusses and defines many different types of corporations. Since about 2010 a new type of corporation has developed called a Benefit Corporation. In the United States a Benefit Corporation is a type of a for-profit corporation currently authorized in about 30 states in the United States including Pennsylvania and the District of Columbia that includes positive impact on society and the environment in addition to making a profit for its owners as part of its purpose for existence. These Benefit Corporations differ from traditional C corporations in purpose, accountability, and transparency, but not in taxation. Discuss whether you feel that corporations that operate solely on the Internet without any bricks and mortar offices for consumers to visit them should be classified differently. Discuss as part of the reasons for your answer legal implications of corporations operating solely on the Internet and without a bricks and mortar location.

Explanation / Answer

A benefit corportaion creates solid foundation for long term mission alignment and value creation benefit corporation consist a higher standard of purpose and accluntability and transparency.Benefit corporation commits to creating public benefits and sustainable value.

*Fixed cost of bricks and mortar location can present a real financial drag on a brand .It can be manage the bricks and mortar corporation by having customers to come in by appointment .bricks and mortar expertise person helped them to know about customer wants and willingness.They get feedback of customers in social sites and particular webaddress is thier idnetity .many online sites have clauses in thier user contract stating where disputes will be heard.

If users using a.active website it will be easier to sue that website in the user's state in comparison to passive website.

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