Question

The co-operative society has perpetual succession because it is not affected due to ________________.

• A. Death of any member
• B. Insolvency of any member
• C. Lunacy of any member
• D. Any of above

Answer 1

Answer: (D)

Any of above

The co-operative society has perpetual succession because it is not affected due to any of the given options because death, bankruptcy, or insanity of the members do not affect the continuity of a cooperative society. It is a continuous process that keeps ongoing.

Thus the correct option is D.