Which of the Following Would Likely Be Formed by Farmers

question 50

Multiple Choice

Which of the following would likely be formed by farmers who want to pool certain crops together to ensure that they get a high market price for their crops?

• A) A business trust
• B) A syndicate
• C) A joint venture
• D) A joint stock company
• E) A cooperative

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Definitions:

Money Orders

A financial instrument issued by a bank or postal service that allows the person named on the order to receive a specified amount of cash on demand, often used for payments when checks are not accepted.

Branch Banking

Banking operations in which a financial institution operates multiple branches, each providing banking services to customers.

Interest Rate Changes

Variations in the cost of borrowing money, often influenced by central banking policy to control inflation and economic growth.

Demand For Money

This represents the inverse relationship between the level of money balances and the price of holding money balances.