Which of the following is not true about common interest communities?
A. Condominium owners are not responsible for sharing the costs of maintaining the common areas
B. Condominiums are a method of ownership governed by statute
C. In some areas, the co-op method is used in agriculture
D. The co-op is a form of ownership based on statute
Question 2
An unincorporated association created by the co-owners of a business venture, usually to carry out a particular venture:
A. Conglomerate
B. Joint venture
C. Dual venture
D. Close corporation