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Wednesday, 28 October 2026
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The business organisation in which shareholders have equal votes is?

The business organisation in which shareholders have equal votes is?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Sole proprietorship
  • B Partnership
  • C Cooperative
  • D Limited liability company
Correct Answer: Option C
Explanation:
A cooperative society operates according to the principle of democratic control, commonly expressed as one member, one vote. Voting rights are therefore generally based on membership rather than the number of shares held.

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