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The shares of a cooperative society ______ transferable. - Commercial Applications

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प्रश्न

The shares of a cooperative society ______ transferable.

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उत्तर

The shares of a cooperative society are not transferable.

Explanation:

A cooperative society’s shares cannot be freely transferred from one person to another. “One can withdraw his capital but cannot transfer his shares to another person.”

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अध्याय 5: Ownership Structures - Cooperative Society - QUESTION BANK [पृष्ठ ६६]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
अध्याय 5 Ownership Structures - Cooperative Society
QUESTION BANK | Q 6. (v) | पृष्ठ ६६
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