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When a group of 50 home-schooling parents in California form a nonprofit membership organization to buy teaching materials at a discount, the parents have probably

When a group of 50 home-schooling parents in California form a nonprofit membership organization to buy teaching materials at a discount, the parents have probably formed a (a. syndicate, b. business trust, c. cooperative, d. joint stock company ) The Big R is a cooperative that has several outlets in the Simi Valley area. Its stores sell farm and ranch supplies. It was formed to obtain quantity discounts and pass them along to its members. Big R is a type of (a. franchise cooperative, b.consumer-purchasing cooperative, c. seller-marketing cooperative. d. trust-document cooperative). Shari gets together with a group of her friends to pool their funds to buy a house, fix it up, and rent it out. This is a joint venture arrangement but also could be know as a )a. business trust. b. syndicate, c. cooperative, d.limited liability company)

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