The co-operative society that performs a combination of the functions of other types of cooperatives...
COMMERCE
WAEC 2011
The co-operative society that performs a combination of the functions of other types of cooperatives is called
- A. consumer cooperative
- B. multipurpose cooperative
- C. producer cooperative
- D. thrift and credit cooperative
Correct Answer: B. multipurpose cooperative
Explanation
multi-purpose cooperative-combines 2 or more of the business activities of these different types of cooperatives, e.g credit lending and production, production and provision of goods and services, etc.
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