Which of the following is false regarding cooperatives? A. Unincorporated cooperatives are treated l

Which of the following is false regarding cooperatives?

• A. Unincorporated cooperatives are treated like partnerships.

• B. In unincorporated cooperatives, members share joint liability for the cooperative's actions.

• C. Members of incorporated cooperatives enjoy limited liability just as do the shareholders of a corporation.

• D. Cooperatives are usually formed as syndicates.

• E. A cooperative is usually formed to market products.

 

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