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Commerce · Q135

Business and Commerce

Graduate and Post Graduate · Commerce · question 135

Q135

One-man-one-vote - is the principle adopted by ________.

A.
Partnership
B.
Joint Stock Companies
C.
Co-operative Societies
Answer
D.
Sole proprietorship

Answer: Option C

Solution

Answer: Option C
Solution:
One-man-one-vote - is the principle adopted by Co-operative Societies. A cooperative society is formally used by people with limited means. The principle of one man one vote discourages members to invest large amounts in the society.