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Question
Which of the following is a voluntary association of persons who work together to promote their economic interest?
Which of the following is a voluntary association of persons who work together to promote their economic interest?
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Solution
The correct option is D Co-operative
A Co-operative Society is an artificial voluntary association of people who work together to promote their economic interest and in order to achieve common goals. These society are incorporated with some social motives and they often have separate legal body and common seal.
A Co-operative Society is an artificial voluntary association of people who work together to promote their economic interest and in order to achieve common goals.
These society are incorporated with some social motives and they often have separate legal body and common seal.
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