The liability of members of a co-operative society is ______.
A. limited to the amount of nominal value of capital held.
B. limited to the amount of paid up value of the capital held.
C. unlimited.
D. limited or unlimited depending upon what the society has opted for it.
Answer:D
The liability of members of a co-operative society is ______.
A. limited to the amount of nominal value of capital held. B. limited to the amount of paid up value of the capital held. C. unlimited. D. limited or unlimited depending upon what the society has opted for it.