The business organization in which shareholder's have equal vote is

Assessment: JAMB UTME - Commerce - 1997 Subject: Commerce

Question 1 Report

The business organization in which shareholder's have equal vote is
Answer Details
The business organization in which shareholders have equal vote is a co-operative. In a co-operative, each shareholder/member has one vote regardless of the number of shares owned. This ensures that all members have equal say in the decision-making process of the organization, and no member can dominate the others. Co-operatives are typically formed by individuals or businesses with similar needs or interests who come together to collectively meet those needs, share resources, and distribute any profits or benefits among the members.
Read lesson note on Business Capital And Profits (WAEC)
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