Which of the Following Statements Is False Regarding Cooperatives

question 25

Multiple Choice

Which of the following statements is false regarding cooperatives?

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

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Definitions:

Dependence Training

Socialization processes that promote the development of reliance among individuals within a group, by emphasizing collective over individual actions.

Societies

Groups of individuals living together in structured communities with shared laws, traditions, and values.

Adaptive

The ability or tendency to adjust effectively to new conditions or to modifications in one's environment.

Individual Behavior

Refers to actions or reactions of an individual in response to external or internal stimuli, shaped by various factors like genetics, environment, and psychology.