An association of businesses that are jointly owned and operated by members for mutual benefit is a:

A) condominium.
B) corporation.
C) cooperative.
D) joint tenancy.

Jointly Owned

Pertains to a property or asset that is owned by two or more parties, with rights and responsibilities shared among them.

Mutual Benefit

A situation or transaction that is advantageous to all parties involved.

Cooperative

Association of businesses or people jointly owned and operated by members for mutual benefit.