Course: Cooperative Management (Philippines) Explain the following. Follow the instructions given

LESSON; DISSOLUTION OF COOPERATIVES AND LIQUIDATION Review Questions: Explain the following statement below 1. Distinguish dissolution where there are no creditors affected from one where creditors are affected Give reasons for the differences 2. How do you distinguish voluntary dissolution from involuntary dissolution? Give examples of each type 3. What is your comment on the following: All cases resulting in dissolution are also proper cases for liquidation Why? Show relationships if necessary. 4 What are the differences, if any exists, between judicial dissolution and a CDA-declared dissolution Answer exhaustively. 5. Distinguish between dissolution by failure to organize and operate within two years and dissolution by failure to operate for two consecutive years. 6. What is the distinction, if any exists, between liquidation and winding up? 7. What are the CDA initiated dissolutions? Explain each 8. What benefit(s) do cooperatives derive through dissolution