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Forms of Business Organisation-2 — OCM STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceOCMForms of Business Organisation-21 Mark
MCQ
Co-operative Society$......$ 
  • A
    Can not pay dividend.
  • B
    Can pay dividend in any proportion
  • ✓
    Can pay dividend subject to the law.
  • D
    can pay dividend subject to the permission of state and central government.
✓

Answer

Correct option: C.
Can pay dividend subject to the law.

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