JAMB - Commerce (2023 - No. 26)
A business organization that exploits the capabilities of a member to remedy the weakness of another is a
joint venture
partnership
nominal partnership
cooperative
Paliwanag
A cooperative society is a special type of society, which is established by an economically weak person for the betterment and upliftment of their economic condition through mutual help. Many business organizations have the main motive to earn profit and also exploit customers.