An unincorporated cooperative is often treated like a partnership.

Name: An unincorporated cooperative is often treated like a partnership.
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

An unincorporated cooperative is typically treated like a partnership, as both involve multiple individuals pooling their resources and sharing profits and losses. However, it is important to note that there are some legal and financial distinctions between the two that should be considered.

An Unincorporated Cooperative Is Often Treated Like a Partnership