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Which of the following is incorrect? (a) A cooperative society never faces shortage of funds. (b) A cooperative society cannot afford to employ expert professional manager. - Commercial Applications

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Question

Which of the following is incorrect?

Options

  • A cooperative society never faces shortage of funds.

  • A cooperative society cannot afford to employ expert professional manager.

  • The share of cooperative society are not transferable.

  • The secret of business is transparent.

MCQ
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Solution

A cooperative society never faces shortage of funds.

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Chapter 5: Ownership Structures - Cooperative Society - EXERCISES [Page 63]

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C. B. Gupta Commercial Applications [English] Class 9 ICSE
Chapter 5 Ownership Structures - Cooperative Society
EXERCISES | Q I. 8. | Page 63
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