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WAEC Economics 2003 Question 25

Question 25

Business Organisations

Which of the following is a type of business organization?

  1. A.Stock exchange
  2. B.Insurance company
  3. C.Chain stores
  4. D.Co-operative
Show the answer and explanation

Answer: D (Co-operative)

Explanation

Co-operative societies are a form of business ownership, like sole proprietorships and companies.