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Cooperative Investment and Capital Quiz

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Questions and Answers

According to Article 78, which of the following investments are cooperatives allowed to make?

Securities issued or guaranteed by the government (correct)

Deposits in any bank or cooperative

Shares or debentures of any corporation

Real estate for any purpose

What is the purpose of a cooperative's revolving capital as described in Article 79?

To fund the cooperative's operations

To strengthen the cooperative's capital structure (correct)

To provide loans to members

To pay dividends to shareholders

According to Article 79, how can a cooperative's revolving capital be raised?

By borrowing from a bank

By issuing new shares

By deferring patronage refunds and interest on share capital (correct)

By increasing membership fees

What type of certificates are issued for a cooperative's revolving capital, according to Article 79?

Revolving capital certificates Signup and view all the answers

Which of the following is NOT a type of investment that cooperatives are allowed to make according to Article 78?

Investments in any other business Signup and view all the answers

What information must be included on the revolving capital certificates issued by the cooperative's board of directors, according to Article 79?

Name, amount, interest rate, time of retirement, amounts to be returned, and serial number Signup and view all the answers

Cooperative Investment and Capital Quiz

Choose a study mode

Podcast

Questions and Answers

According to Article 78, which of the following investments are cooperatives allowed to make?

What is the purpose of a cooperative's revolving capital as described in Article 79?

According to Article 79, how can a cooperative's revolving capital be raised?

What type of certificates are issued for a cooperative's revolving capital, according to Article 79?

Which of the following is NOT a type of investment that cooperatives are allowed to make according to Article 78?

What information must be included on the revolving capital certificates issued by the cooperative's board of directors, according to Article 79?

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