What is the basic purpose of most cooperatives?
A) to make a profit for its members
B) to provide a service to its members
C) to pay dividends to its members
D) to make a profit for its customers
E) to pay dividends to its customers
Answer: B
Explanation: B) The purpose of a co-op, such as a retail cooperative, is not so much to make a profit as to provide a service to its members.
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Which of the following statements regarding a hospitality facilitys wastewater TRUE?
a. All water used at facility is disposed of through the propertys sewer system b. wastewater flow in most building applications is pump-driven c. wastewater from the guestrooms and laundries is typically disposed of through the storm sewer system d. municipal sewage treatment systems typically requires a hospitality facility to run its grease-containing
Before giving a listing to a broker, the owner informed the broker that the roof was in bad shape. The broker later showed the house and assured the buyer that the house was in excellent condition, without any known problems. After the first rain, the house suffered heavy water damage due to a leaky roof, The buyer is angry and will probably sue the:
a. broker and the seller b. broker c. broker, seller, and escrow company d. title insurance company