Web Analytics
Answered

Which of the following is a business organization owned by a group of people for their mutual benefit?

Aa cooperative
Ca limited liability partnership
Ba labor union
Da professional organization

Verified Answer :

A cooperative. A cooperative--a business owned by a group of people to meet mutual (economic, social and cultural needs and aspirations).

kevinserman

Answer:

a. a cooperative

Explanation:

Companies can acquire various legal forms. Its main classification is the one that distinguishes between individual companies and commercial companies. Within this last group, the most important are collective societies, single or joint-stock companies, limited ones, corporations, labor and cooperatives

Cooperative societies fall within the group of societies of social interest, within mercantile societies, and their motto could very well be "the union is strength." Cooperatives are born because several people have common interests and decide to join their efforts and their capital to carry out a business activity that they could not do each separately.

Related Questions