JAMB Commerce 2007 Objective — Question 35

Question 35 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2007 Objective paper, with the correct answer and a full explanation.

A major criticism of a cooperative society is

A. selling goods on credit to non-members
B. management incompetenceCorrect
C. limited capital
D. granting excessive loans to members

Explanation

Because anyone can vie for management positions (decided by voting) in a cooperative society, there is a high tendency of management incompetence.

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