passwella.
Menu

WAEC Commerce 1996 Question 80

Question 80

Co-operative Societies

In which of the following business units are the owners mostly the customers?

  1. A.Co-operatives
  2. B.Partnerships
  3. C.Public corporations
  4. D.Limited liability companies
  5. E.Sole proprietorship
Show the answer and explanation

Answer: A (Co-operatives)

Explanation

Members of a consumer co-operative own it and also buy from it.