Questions and Answers
What is NOT a valid source of capital for cooperatives registered under this Code?
Profits from investments in non-cooperative businesses
What is the maximum par value of share capital allowed for cooperatives under this Code?
₱1,000
Which of the following statements about share capital is TRUE according to the text?
Share capital is considered as equity and cannot be withdrawn while membership subsists
What happens to donated capital upon dissolution of the cooperative?
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Which of the following statements about common share capital is TRUE according to the text?
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What is the purpose of revolving capital?
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