Licensed fishing outfits in Bayou City form a business organization to provide an economic service to its members. This is

Name: Licensed fishing outfits in Bayou City form a business organization to provide an economic service to its members. This is
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A cooperative is a business organization that is owned and controlled by its members, who share the profits and losses. In this case, the licensed fishing outfits have formed a cooperative to provide an economic service to its members.

Licensed Fishing Outfits in Bayou City Form a Business Organization