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WAEC Commerce 2002 Question 4

Question 4

Co-operative Societies

Which of the following has no limit to its membership?

  1. A.Ordinary partnership
  2. B.Private Limited Company
  3. C.Limited partnership
  4. D.Co-operative society
Show the answer and explanation

Answer: D (Co-operative society)

Explanation

Membership of a co-operative society is open, with no maximum; partnerships and private companies have upper limits.