Which of the Following Statements Is False Regarding Cooperatives

Multiple Choice

Which of the following statements is false regarding cooperatives?

A) Unincorporated cooperatives are treated like partnerships.
B) A cooperative is usually formed to market products.
C) In unincorporated cooperatives,members share joint liability for the cooperative's actions.
D) Members of incorporated cooperatives enjoy limited liability just as do the shareholders of a corporation.
E) Cooperatives are usually formed as syndicates.