Question

A distinguishing feature of a cooperative is that it:
a. Maintains a distinct separation between ownership and management.
b. Is only intended to operate for a limited period of time.
c. Is owned and operated by the people who use it.
d. Can have no more than 75 owners, all of whom must be citizens of the United States.

Answer 1

A distinguishing feature of a cooperative is that it "c. Is owned and operated by the people who use it," since this allows people to be part of a community while at the same time being home owners. 

Answer 2

Answer;

Is owned and operated by the people who use it

Explanation;

A distinguishing feature of a cooperative is that it is owned and operated by the people who use it.

-A cooperative is a business organization owned by a group of individuals and is operated for their mutual benefit. The individuals making up the group are called members and the cooperatives may be incorporated or unincorporated.