A__________ Is an Organization That Is Owned and Controlled by the People

question 150

Multiple Choice

A__________ is an organization that is owned and controlled by the people who use it -producers,consumers and workers with similar needs who pool their resources for mutual gain.

• A)co-operative
• B)limited partnership
• C)mutual fund
• D)corporation

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Definitions:

Misrepresented

The act of presenting facts or information in a false or misleading way.

Breach Of Contract

The violation of a contractual obligation by failing to perform one's own promise, by hindering another party's performance, or by making it impossible.

Rectification

A correction, by the court, of the wording of a mistake in a contract.

Rescission

The act of revoking, canceling, or repealing a contract or agreement, returning all parties to their original positions prior to the agreement.