Cooperatives must be incorporated.

Name: Cooperatives must be incorporated.
Brand: Quizplus
Rating: 4.9 (48 reviews)

Question

Quizplus · Accepted Answer

Cooperatives may be incorporated or unincorporated.Unincorporated cooperatives are treated like partnerships,meaning that the members share joint liability for the cooperative's actions.Members of incorporated cooperatives,on the other hand,enjoy limited liability just as do the shareholders of a corporation.

Cooperatives Must Be Incorporated