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WAEC Commerce 2023 Objective — Question 9

Question 9 of 50 from the West African Examinations Council (WAEC) Commerce 2023 Objective paper, with the correct answer and a full explanation.

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A source of capital to a cooperative society is A. contribution.

  • A. contributionCorrect
  • B. debenture
  • C. ordinary share
  • D. retained profit

Explanation

Contribution of the members of the cooperative is the major source of capital to the cooperative.

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