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      &lt;font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"&gt;&lt;b&gt;1.&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Nature

      of Business&lt;/b&gt;&lt;/font&gt;

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      &lt;font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"&gt;Broadview

      Institute, Inc. (the &amp;#8220;Company&amp;#8221;), a Minnesota

      corporation, offers career-focused post-secondary education

      services through its wholly-owned subsidiary, C Square

      Educational Enterprises, Inc., a Utah corporation (with

      registered d/b/a&amp;#8217;s of &amp;#8220;Broadview

      University&amp;#8221; and &amp;#8220;Broadview Entertainment Arts

      University&amp;#8221; and hereafter referred to as

      &amp;#8220;Broadview University&amp;#8221; or the

      &amp;#8220;University&amp;#8221;). Broadview University is accredited

      by the Accrediting Council for Independent Colleges and

      Schools (&amp;#8220;ACICS&amp;#8221;) to award diplomas,

      undergraduate degrees, and master&amp;#8217;s degrees in various

      fields of study. Broadview University delivers these services

      through traditional classroom settings as well as through

      online instruction. The University has campuses located in

      the Utah cities of Layton, Orem, Salt Lake City and West

      Jordan, as well as Boise, Idaho.&lt;/font&gt;

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 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 275

 -SubTopic 10

 -Section 50

 -Paragraph 2

 -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6003-108592



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