A cooperative is a type of business that is owned by ________ who use its products or services.
A) members
B) shareholders
C) directors
D) partners
E) outside investors

Question

Quizplus · Accepted Answer

A cooperative is owned and operated by its members, who are also the customers, suppliers, or employees of the cooperative. Shareholders and outside investors typically have no ownership or control over the business operations. Directors and partners may have a role in the management but are not necessarily the owners.

A Cooperative Is a Type of Business That Is Owned