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A business organization that exploits the capabilities of a member to remedy the weaknesses of...

Commerce
JAMB 2012

A business organization that exploits the capabilities of a member to remedy the weaknesses of another is

  • A. joint venture
  • B. partnership
  • C. nominal partnership
  • D. cooperative
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Correct Answer: Option D
Explanation

The cooperative society works on the principle of mutual help & welfare.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now