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One major characteristic of credit unions and thrift societies is that?

One major characteristic of credit unions and thrift societies is that?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The legal processes involved in their formation are rigid
  • B Membership is compulsory to people in the same line of business
  • C The contribution of every member depends on the member's ability
  • D A minimum of ten people in the same line of business can form the union
Correct Answer: Option C
Explanation:

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