Which of the Following Is False Regarding Cooperatives

question 73

Multiple Choice

Which of the following is false regarding cooperatives?

• A)Unincorporated cooperatives are treated like partnerships.
• B)In unincorporated cooperatives,members share joint liability for the cooperative's actions.
• C)Members of incorporated cooperatives enjoy limited liability just as do the shareholders of a corporation.
• D)Cooperatives are usually formed as syndicates.
• E)A cooperative is usually formed to market products.

Realize the impact of corporate structures on business operations and liability.

Grasp concepts related to household production and the differentiation between private goods and public goods.

Understand the role and impact of household production decisions in response to taxation.

Comprehend the objectives of elected officials and the concept of the public interest.

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Definitions:

Debugging

The process of running a program over and over to find and repair errors and to make sure the program behaves in the way it should.

Algorithm Development

The process of creating a step-by-step procedure or formula for solving a problem, often used in programming and mathematics.

Development Tool

Software or applications that provide programmers and developers the necessary environment to create, test, and debug their code.

Compile

The process of converting high-level programming code into machine language so that it can be executed by a computer.