Extra

Question 1

Business Trust

Answer 1

Investors pool money, invest and share profit

i.e. 401K plans and Real Estate Investment Trust

Question 2

Cooperative

Answer 2

grass-root business takes advantage of bulk/volume purchases and sales

Question 3

Franchises

Answer 3

Individuals purchase specific plot from franchise
Advantages:
name recognition
access to company research and
company information 
Disadvantages:
Costly acquisition
annual fees (% of Gross Revenues)
forced to buy supplies from HQ and
subject to adhesion K's