Question

Teachers of different schools in East Delhi form a society to purchase land and construct flats for its members. Identify this form of business organisation.
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Answer 1

Answer:

The business forms this type of cases is Cooperative organization. The cooperative organization is the private organization that is controlled by the private people.

Explanation:

Teachers of your school formec a society to buy land and construct flats for its members. Identify this form of business. Solution : Cooperative society.