Midterm Exam

Elective 300 Cooperative Management

7:00-8:30 pm TTH
Test I. True or False. Write T if the statement is true and F if the statement is False. 2
points each. (10 points).
1._______ Cooperative are democratic organizations that are controlled by their
members who actively participate in setting their policies and making decisions.
2._______Cooperative are dependent and controlled by government.
3._______Cooperative can sue but cannot be sued.
4._______All complaints for the removal of any elected officer shall be filed with the
Board of Directors.
5._______Notice of any meeting may be waived, expressly or impliedly by any member.

Test II. Define the following terms; 10 points each.

a.) Cooperative Unions
b.) Involuntary Dissolution

Test III. Essay. 10 points each.

1.) Distinguish Consumers Cooperative from Producers Cooperative.
2.) Discuss the Powers of general assembly of Cooperatives.