Question

14. The organisation set up on the basis of equal rights and equal responsibilities is -
(a) company
(b) partnership
(c) co-operative organisation
(d) single ownership ​

Answer 1

Answer:

Cooperative organisation

Explanation:

A cooperative organisation is an association of persons, usually of limited means, who have voluntarily joined together to achieve a common economic end through the formation of a democratically controlled organisation, making equitable distributions to the capital required, and accepting a fair share of risk

Answer 2

Answer:

partnership

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