In retail cooperatives, the members of the distribution system are bound to cooperate by a contractual agreement.

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Retail cooperatives are formed by a group of individuals or businesses that come together to form a cooperative and agree to be bound by a contractual agreement to work together in the distribution of goods or services. This agreement outlines the rights and responsibilities of each member in the system and ensures that all members work together for the benefit of the group.

In Retail Cooperatives, the Members of the Distribution System Are