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LESSON; ADMINISTRATION ( GENERAL ASSEMBLY, BOARD OF DIRECTORS) Review Questions: Explain the following statement below. 1. The Code states that quorum is generally set at 25 percent of all members entitled to vote; however, ABC Co-op's by-laws states that quorum should be 1/3 of all members entitled to vote. Which provision will prevail: the by-laws' or the Code's? 2. What are the different structural elements of a cooperative? How does each structural element complement each other? 3. What electoral practices safeguard the principle of democratic members' control of the cooperative? Explain why. 4. What should the developmental plans of a cooperative contain? Is it the same as strategic plans? 5. What is the role or function of the board in relation to the exclusive powers of the general assembly? 6. Compare and contrast the general assembly and the board of directors insofar as their policy making powers are concerned