The basic characteristics of co-operative society include all except one?

By: |Published on: Jan 8|Categories: Commerce WAEC| 0 comments

A. It is managed democratically
B. It follows the principle of one man
C. Amateur Management
D. Extra capital is raised through loan

Correct Answer: Option C

C. Amateur Management

Explanation

Members in the management committees of Co-operative societies often lack business experience and expertise.

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