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

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

This answer correctly describes the business or trade concept. Commerce deals with buying, selling, and business operations.

The other options relate to different aspects of business or trade. They aren’t the best answer here.

Understanding this helps you grasp how businesses operate and how trade happens.