True or False
1. Failure theories explain their role by what others do
2. According to the "trust theory" of non-profits, scholars believe the public trusts nonprofits becuase they believe nonprofit leaders are driven by altruistic motivations
3. Nonprofits may not receive any funding from the government
4. In the study of "daring the lead", researchers found a negative correlation between the amount of time the ceo spends with the board and ceo and board member satisfation
5. Chait writes that nonprofit boards should manage the organziations they deserve
6. The panel on the nonprofit sector issues reports recommending practices similar to those outlines in the sarbanes-oxely act
7. Governing boards have the ultimate responsibility for ensuring an organization serves its mission.