In which of the following are members entitled to one vote, irrespective of the number…

In which of the following are members entitled to one vote, irrespective of the number of shares held?

  • A.
    Public corporation
  • B.
    Partnership
  • C.
    Limited company
  • D.
    Co-operative society
Correct Answer: Option D
Explanation

Equal Voting Rights;  A cooperative society is based on the principle of “one man one vote”. A member has only one vote irrespective of the number of shares hld or capital contribution.

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