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Wednesday, 11 November 2026
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A business organization that exploits the capabilities of a member to remedy the ...

A business organization that exploits the capabilities of a member to remedy the weakness of another is a
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Joint venture
  • B Partnership
  • C Nominal partnership
  • D Cooperative
Correct Answer: Option D
Explanation:
A cooperative society is formed by people with common economic interests who combine their resources and capabilities for mutual benefit. Members can use their combined strengths to overcome individual limitations and improve their economic position.

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