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(a) Membership is open to all interested persons (b) The control of ownership is democratic. Each member has only one vote (c) Shares is not transferable (d) Distribution of surplus is made in proportion to the purchases made at the coorperative (e) No credit is extended to customers
Wiki User
∙ 15y ago
Wiki User
∙ 9y agoA cooperative is a member-owned business organization with at least five members. Each shareholder is expected to help run the cooperative.
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What are characteristics of cooperatives?
In cooperatives, the parties cooperate so that they can pull resources and know how towards a certain mutual end. There are cooperatives that unite people who grow and market a certain agricultural product.
When was Rural Cooperatives created?
Rural Cooperatives was created in 1934.
Who is the Minister for Cooperatives for Burma?
Kyaw Hsan is the Minister for Cooperatives for Burma.
When was United Workers Cooperatives created?
United Workers Cooperatives was created in 1926.
When was Green Worker Cooperatives created?
Green Worker Cooperatives was created in 2004.
How many farmer cooperatives were there in 1900?
By 1900 there were approximately 1,000 farmer cooperatives
What is the difference between corporation and cooperatives?
a corperation is a business and cooperatives people who volenteer
Which markets do consumer cooperatives operate?
Consumer cooperatives operate in the markets called Ben you tramp!
When was New Zealand Cooperatives Association created?
New Zealand Cooperatives Association was created in 1984.
What is the Advantages of the cooperatives?
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When was United States Federation of Worker Cooperatives created?
United States Federation of Worker Cooperatives was created in 2004.
What is United States Federation of Worker Cooperatives's population?
The population of United States Federation of Worker Cooperatives is 1.
