Question

Cooperation is an association of..?

Answer 1

Answer:

A cooperative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.

Explanation:

The difference between corporation and cooperative is that a corporation is a legal entity that stands separate from its owners. A cooperative, however, is an association of individuals voluntarily cooperating for the promotion of mutual, social, cultural, and economic benefits.

Answer 2

PERSONS UNITED VOLUNTARILY

Meaning- to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled enterprise.