A Cooperative is an autonomous association of people united voluntarily to meet their common economic, social and cultural needs.
section 2A1
A Consortium is an association of two or more individuals, companies, organisations or governments with the objective of participating in a common activity.
A Corporation is an organisation, usually a group of people or a company, authorised to act as a single entity and recognised as such in law.
Forms of Practice include a Sole Practitioner, a Partnership, a Limited Liability Partnership, a Private Limited Company and a Public Limited Company.
It is a limited liability company whose shares may be freely sold and traded to the public (although a plc may also be privately held, often by another plc), with a minimum share capital of £50,000
Often a cooperative and its members are non-for-profit organizations from a specific industry in a close proximity to each other….