What is the basic purpose of most cooperatives?
A) to make a profit for its members
B) to provide a service to its members
C) to pay dividends to its members
D) to make a profit for its customers
E) to pay dividends to its customers
Answer: B
Explanation: B) The purpose of a co-op, such as a retail cooperative, is not so much to make a profit as to provide a service to its members.
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