Floyd and other consumers form Grocers Mart Cooperative. This form of business organization makes it possible for these consumers to
A) avoid personal liability for the acts of the cooperative.
B) obtain an exemption from state laws governing corporations.
C) pay no taxes on their business income.
D) pool their resources to gain an advantage in the marketplace.
Correct Answer:
Verified
Q62: Dreem Land Corporation and Earthbound Investments Company
Q63: Commerce & Trade Corporation and Distance Shipping
Q63: Farm & Ranch is an unincorporated cooperative.
Q64: Trans-Pacific Company and USA Export, Inc., form
Q65: Gail is the beneficiary of a business
Q66: Valu Food Markets is an incorporated cooperative.
Q69: Licensed fishing outfits in Bayou City form
Q70: As the trustee of a business trust,
Q71: Lauren, Maria, and Nina form a syndicate
Q72: As the beneficiary of a business trust,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents