JAMB Commerce 2007 Objective — Question 39

Question 39 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2007 Objective paper, with the correct answer and a full explanation.

A major advantage of a cooperative society is that it

A. encourages thrift among membersCorrect
B. gives members the opportunity to unite
C. promotes awareness among members
D. draws members closer to government

Explanation

A cooperative society encourages members to save and manage their spending more economically (thrift).

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Commerce 2007 Objective More Commerce past papers