JAMB Commerce 2025 Objective — Question 13
Question 13 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2025 Objective paper, with the correct answer and a full explanation.
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The members of a Co-operative Society have:
- A. Unlimited liability
- B. Limited liabilityCorrect
- C. Joint and Several liability
- D. Joint liability
Explanation
Members of a co-operative society, like a public limited company, generally have limited liability.
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