Which of the Following Is Most Likely to Own a Purchasing

question 69

Multiple Choice

Which of the following is most likely to own a purchasing cooperative?

• A) a government entity
• B) a group of farmers
• C) a group of health care customers
• D) the employees of a company

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Definitions:

Personally Liable

Holding personal responsibility to settle a debt or legal judgment, affecting one's own assets and finances.

Reverts

Returns to a previous state or condition, often after a temporary change.

Real Property

Land and anything permanently attached to it.

Repudiates

The act of refusing to acknowledge, accept, or support something; in a contract context, it refers to the denial of a contractual obligation.