JAMB Commerce 2018 Objective — Question 10

Question 10 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2018 Objective paper, with the correct answer and a full explanation.

The business organisation in which shareholders have equal voting rights is a

A. sole proprietorship
B. partnership
C. cooperativeCorrect
D. limited liability company

Explanation

In a cooperative society, all shareholders/members have equal voting rights (one person, one vote), making it a democratic organisation.

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