1. True: Co-operatives are businesses that are owned and controlled by their members.
2. False: Co-operatives are businesses that are not motivated solely by profit.
3. False: The purpose of a co-operative is not to maximize profits for its shareholders.
4. True: Co-operatives are based on the values of self-help, self-responsibility, democracy, equality, equity, and solidarity.
5. True: Co-operatives can be owned and controlled by employees, consumers, or a combination of both.