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Question
- what kind of business is land olakes?
a cooperative
b partnership
c nonprofit
d c corporation
uestion 1 of 5 (0 completed) next
Brief Explanations
Land O'Lakes is a well - known agricultural cooperative, owned by its member farmers. A cooperative is a business owned and operated by a group of individuals for their mutual benefit. Partnerships involve a few co - owners sharing profits and liabilities, non - profits are for charitable etc. purposes, and C Corporations are separate legal entities with shareholders. So Land O'Lakes is a cooperative.
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a. Cooperative