The business unit that applies the principle of one man vote…

Source: JAMB · 2023

The business unit that applies the principle of one man vote is

  1. sole proprietorship
  2. partnership
  3. public company
  4. co-operative society ✓
Explanation

In a co-operative society, each member has one vote, no matter how many shares or how much money he holds.

In a public company, votes usually follow the number of shares owned.

Was this explanation helpful?

Something wrong or missing? Tell us — we read every report and fix issues fast.