QUES: The two major types of nonprofit organization are membership and board-only. A membership organization elects the board and has regular meetings and the power to amend the bylaws. A board-only organization typically has a self-selected board, and a membership whose powers are limited to those delegated to it by the board. A board-only organization's bylaws may even state that the organization does not have any membership, although the organization's literature may refer to its donors or service recipients as "members"; examples of such organizations are Fairvote and the National Organization for the Reform of Marijuana Laws. The Model Nonprofit Corporation Act imposes many complexities and requirements on membership decision-making. Accordingly, many organizations, such as Wikimedia, have formed board-only structures. The National Association of Parliamentarians has generated concerns about the implications of this trend for the future of openness, accountability, and understanding of public concerns in nonprofit organizations. Specifically, they note that nonprofit organizations, unlike business corporations, are not subject to market discipline for products and shareholder discipline of their capital; therefore, without membership control of major decisions such as election of the board, there are few inherent safeguards against abuse. A rebuttal to this might be that as nonprofit organizations grow and seek larger donations, the degree of scrutiny increases, including expectations of audited financial statements. A further rebuttal might be that NPOs are constrained, by their choice of legal structure, from financial benefit as far as distribution of profit to its members/directors is concerned. Beware of board-only organizations- review the board members annual income before donating, such as the Clinton Foundation. Board members who decide what percentage of your donations will increase their personal wealth are rampant in abusing this designation of an NPO, and this is why they attempt to avoid audits and use a double bottom line for taxing.

What do they note that an organizations bylaws are not subject to?
What is the answer?
ANS: unanswerable
QUES: In 1906, the franchise recorded a Major League record 116 wins (tied by the 2001 Seattle Mariners) and posted a modern-era record winning percentage of .763, which still stands today. They appeared in their first World Series the same year, falling to their crosstown rivals, the Chicago White Sox, four games to two. The Cubs won back-to-back World Series championships in 1907 and 1908, becoming the first Major League team to play in three consecutive Fall Classics, and the first to win it twice. The team has appeared in seven World Series following their 1908 title, most recently in 1945. The Cubs have not won the World Series in 107 years, the longest championship drought of any major North American professional sports team, and are often referred to as the "Lovable Losers" because of this distinction. They are also known as "The North Siders" because Wrigley Field, their home park since 1916, is located in Chicago's North Side Lake View community at 1060 West Addison Street. The Cubs have a major rivalry with the St. Louis Cardinals.

How many world series have the Cubs appeared in?
What is the answer?
ANS: seven
QUES: The board consists of nine directors. Michael Dell, the founder of the company, serves as chairman of the board and chief executive officer. Other board members include Don Carty, William Gray, Judy Lewent, Klaus Luft, Alex Mandl, Michael A. Miles, and Sam Nunn. Shareholders elect the nine board members at meetings, and those board members who do not get a majority of votes must submit a resignation to the board, which will subsequently choose whether or not to accept the resignation. The board of directors usually sets up five committees having oversight over specific matters. These committees include the Audit Committee, which handles accounting issues, including auditing and reporting; the Compensation Committee, which approves compensation for the CEO and other employees of the company; the Finance Committee, which handles financial matters such as proposed mergers and acquisitions; the Governance and Nominating Committee, which handles various corporate matters (including nomination of the board); and the Antitrust Compliance Committee, which attempts to prevent company practices from violating antitrust laws.[citation needed]

Which Dell committee keeps the company from violating antitrust laws?
What is the answer?
ANS:
Antitrust Compliance Committee