Voting Rights in a Co-Operative Are

question 142

Multiple Choice

Voting rights in a co-operative are

• A) not restricted just to members.
• B) required before one can buy anything from a co-operative.
• C) the same as those found in a corporation, that is, the more one owns or contributes the more votes one has.
• D) nonexistent; there are no votes taken in the running of a co-operative.
• E) one vote per member regardless of the amount owned or contributed.

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Definitions:

Market System

An economic model where investment, production, and distribution decisions are influenced by supply and demand, with the prices of goods and services being set in a free pricing system.

Circular Flow Diagram

A visual model used in economics to show how money moves through the economy in a circular manner between producers and consumers.

Expenditures

The act of spending or disbursing money, often related to business operations, investments, or personal consumption.

Business Revenue

The income that a business receives from its normal business activities, usually from the sale of goods and services to customers.