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Answer:
A single person can seize control of a stock-issuing company by buying a majority of shares, thus gaining superior voting power. With a cooperative, no member can buy or control the share of another. Each member has equal voting power and decisions must be made in conjunction with the wishes of the majority.
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Answer:
what is the differences between a private enterprise and that of a cooperative
A Private company is formed by two or more persons called promoters/directors and registered under the companies act as a Private limited company(PVT. LTD) to do any business for profit. ... The co-operative society are govern by the Society Act where as A Private company are govern by the companies Act.
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