In case of voluntary dissolution where creditors are affected, the petition for dissolution shall be filed

with *

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A. Cooperative Development Authority

B. Securities and Exchange Commission

C. Regional Trial Court

D. Municipal Trial Court

It is a cooperative that promotes and undertakes savings and lending services among its members. *

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A. Consumers

B. Credit

C. Lending

D. Finance

A certificate of registration issued by the CDA under its official seal shall be ______ evidence that the
cooperative therein mentioned is duly registered *

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A. Disputable

B. Presumptive

C. Prima facie

D. Conclusive

No member shall transfer his shares or interest in the cooperative or any part thereof unless he has held
such share capital contribution or interest for not less than: *

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A. 1 year
B. 2 years

C. 3 years

D. 5 years

A cooperative organized by minors shall be considered a _______ cooperative. *

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A Minor

B. Youth

C. Young

D. Laboratory

Only for purposes of prompt and intelligent decision-making, the GA may by a ______ vote of all its
members with voting rights, delegate some of its powers to a smaller body of the cooperative. *

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A. 3/4

B. 2/3

C. 1/2

D. 1/4

It is a cooperative that undertakes joint production whether agricultural or industrial. *

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A. Producers

B. Consumers

C. Farmers

D. Agro-industrial
It is a cooperative the members of which are natural persons *

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A. Primary

B. Secondary

C. Tertiary

D. Natural

Upon the winding up of the cooperative affairs, any asset distributable to any creditor, shareholder or
member who is unknown or cannot be found shall be given to the: *

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A. Government

B. Trustee

C. Any federation or union

D. Federation or union to which the cooperative is affiliated with

Any registered cooperative may resolve to merge or consolidate with another cooperative by a
resolution approved by a vote of ______ of all the members with voting rights. *

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A. 3/4

B. 2/3

C. 1/2

D. 1/4