Which of the following statements about the B-corporation is true?
A. A B-corporation is a corporation established for charitable, public, or religious purposes, or for mutual benefit, as recognized by federal and state laws.
B. The B-corporation is known as a benefit corporation, a nonprofit entity with a social mission.
C. B-corporations are not allowed to make a profit.
D. The B-corporation legal form is recognized in all 50 U.S. states.
E. None of these are correct.
Answer: E
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