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Write a Word Or a Phrase Or a Term Which Can Substitute the Following. the Business Organization Which Has Minimum Ten Members. - Organisation of Commerce and Management

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Question

Write a word or a phrase or a term which can substitute the following.
The business organization which has minimum ten members.

One Line Answer
One Word/Term Answer
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Solution

The business organisation which has minimum ten members - Co-operative society.
Explanation:
As per the Co-operative Societies Act 1912, minimum 10 persons are required to start a co-operative society.

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Chapter 1: Forms of Business Organisations - Write a word or a phrase [Page 38]

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Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Forms of Business Organisations
Write a word or a phrase | Q 1 | Page 38
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