Kahoni Incorporated does not face the problem of double taxa…

Kahoni Incorporated does not face the problem of double taxation as the Internal Revenue Service (IRS) does not tax the earnings of the company separately. Instead, taxes are only levied on the personal income of the stockholders. A limitation, however, is that the company is only allowed to have a maximum number of 100 stockholders at a time. Given this information, Kahoni Incorporated is a(n) _____.

Maconaquea, a sports retailer, employs National Basketball A…

Maconaquea, a sports retailer, employs National Basketball Association (NBA) hopefuls in its stores through the NBA Job Opportunities Program. It offers athletes full-time pay and benefits for a flexible 20-hour workweek to accommodate their training schedules. In the context of a business’s responsibility toward the community, this act by Maconaquea exemplifies _____.