Search SchoolNGR

Monday, 27 April 2026
Register . Login

The business unit that applies the principle of one man vote is

The business unit that applies the principle of one man vote is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Public company
  • B Partnership
  • C Co-operative society
  • D Sole properitorship
Correct Answer: Option C
Explanation:
Cooperatives are about people having a shared sense of purpose and aligned self-interests. One-member, one-vote works great in this context because it distributes decision-making and is designed to reflect the interests of a majority of owners. For example, suppose a cooperatives proposes to purchase one of its competitors and expand the business.

Share question on: