JAMB Commerce 2022 Objective — Question 39

Question 39 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2022 Objective paper, with the correct answer and a full explanation.

39. The business organization in which shareholders have equal votes is

A. (A) sole proprietorship
B. (B) partnership
C. (C) co-operativeCorrect
D. (D) public limited liability company

Explanation

In a co-operative society, all members carry one vote each, regardless of their shareholding.

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