Which of the following receives dividend based on patronage?

Commerce

WAEC 2008

A. Preference shareholder
B. Co-operative society member
C. Cumulative preference shareholder
D. Debenture holder

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Your School's Whatsapp Group - Join Us now

Correct Answer: Option B

Explanation

Co-operative society member: Co-operative society members receive dividends based on their patronage, which is determined by the amount of business they conduct with the co-operative.

Previous Next

Go back to Comm classroom

Report an Error Ask A Question Download App

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

If the power of a lens is +2.5D. Calculate the radius of curvature (a). 80cm (b). 40cm (c). 25cm (d).... Answer this

1 Answers · Physics · 3 days ago
Subjects to learn under petroleum engineering? Answer this

1 Answers · 3 days ago
what is the cut of mark for medical doctor in university and list all the university? Answer this

1 Answers · 1 day ago

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

Which of the following receives dividend based on patronage?

Correct Answer: Option B

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In