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20. A cooperative organized for the primary purpose of engaging in savings and credit services and other financial services. a. Financial service cooperative c. Dairy
20. A cooperative organized for the primary purpose of engaging in savings and credit services and other financial services. a. Financial service cooperative c. Dairy cooperative b. Education cooperative d. Cooperative bank 21. A cooperative organized for the primary purpose of providing a wide range of financial services to cooperatives and their members. a. Education cooperative c. Advocacy cooperative b. Multipurpose cooperative d. Cooperative bank 22. It refers to a cooperative the members of which are primary cooperatives doing the same line of business. a. Cooperative union c. Cooperative satellite b. Cooperative branch d. Federation of cooperatives 23. The following are the purposes of cooperative, except; a. To develop expertise and skills among its members. b. To insure against losses of the members. c. To acquire lands. d. To promote and advance the economic, social and education status of the members. 24. The continuation of a corporation's legal status despite changes in ownership or management. a. Succession b. Inheritance c. Dissolution d. Liquidation 25. A private corporation which have accepted from the State the grant of franchise or contract involving the performance of public duties but which are organized for profit. a. Government-owned or controlled corporation b. Quasi-public corporation c. De jure corporation d. De facto corporation
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