Multiple Choice QuestionA business owned and controlled through pooled resources by the people who use it is a(n) ______.Multiple choice question.cooperativelimited liability companyS corporationlimited partnership
Question
Multiple Choice QuestionA business owned and controlled through pooled resources by the people who use it is a(n) ______.Multiple choice question.cooperativelimited liability companyS corporationlimited partnership
Solution
The correct answer is "cooperative". A cooperative is a business or organization owned by and operated for the benefit of those using its services. Profits and earnings generated by the cooperative are distributed among the members, also known as user-owners.
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