Mr. Gonzales wants to help fellow farmers in his community

Mr. Gonzales wants to help fellow farmers in his community, but he is not interested in making a personal profit. His main goal is to join with other farmers so they can have better bargaining power when purchasing supplies. Which of the following business types will Mr. Gonzales MOST likely form?
       A)    general partnership

       B)    sole proprietorship

        C)    cooperative

        D)    not-for-profit corporation

       E)    C corporation

Post Merge: 8 years ago

C) Cooperation. A cooperative is a type of business that is owned and governed by members who use its products and services. It is not motivated by profits, whereas profits is the goal of general partnerships and sole proprietorships.