Question

A _________ is an organization that is owned and controlled by the people who use it –producers, consumers, and workers with similar needs who pool their resources for mutual gain.

a. corporation
b. limited partnership
c. mutual fund
d. cooperative

Answer 1

The correct answer is D. cooperative

A corporation is a multi national company, while a limited partnership is when a number of people owns a company. A mutual fund works in a different manner than what is described.