State with Reasons Whether the Following Statement True Or False. the Membership of a Co-operative Society is Voluntary. - Organisation of Commerce and Management

MCQ

True or False

State with reasons whether the following statement true or false.

The membership of a co-operative society is voluntary.

Options

True
False

Solution

The membership of a co-operative society is voluntary : True
Explanation: The membership of a co-operative society is open to everyone, and all those who wish to join may do so, to fulfill their common mutual interests. Thus, the membership of a co-operative society is said to be voluntary or intentionally.

Concept: Concept of Cooperative Societies

Is there an error in this question or solution?

Chapter 1: Forms of Business Organisations - True or false [Page 39]

Q 9 Q 8 Q 10

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