Professional Documents
Culture Documents
CORPORATION COOPERATIVES
“A business
unit where the
SOLE PROPRIETORSHIP
manager is
also the
owner.”
“The law in
this business
form can be
PARTNERSHIP
found in
Republic Act
No. 386 also
known as Civil
Code of 1949.”
“An autonomous
and duly registered
association of
persons, with a
common bond of
interest, who have
voluntarily joined
together to achieve
their social
economic and
cultural needs and
aspirations.”
COOPERATIVE
“An artificial
being created by
operation of law,
having the right
of succession and
the powers,
attributes, and
properties
expressly
authorized by
law or incident to
its existence.” CORPORATION
“The owners
under this
form of
PARTNERSHIP
business are
classified
either as
general and
limited.”
“There are two
classification
of this form of
business
organizations,
namely: stock
and non-
stock.”
CORPORATION
ADVANTAGES AND DISADVANTAGES
SOLE PROPRIETORSHIP PARTNERSHIP
COOPERATIVES
CORPORATION
“Can be highly
instrumental in
enabling and
empowering
women and men
to seize the
opportunities
created by
globalization,
and in providing
a buffer against
its downside.” COOPERATIVE
“All the profits
will be
received by the
SOLE PROPRIETORSHIP
owner alone
and incurs
unlimited
liability.”
“Has limited
liability, easy
source of funds,
can outlast for a
long time, and
profits will be
divided
according to the
amount of stocks
contributed by
an individual.”
CORPORATION
“The losses
and profits are
distributed in
PARTNERSHIP
conformity
with the
agreement.”
“This business
organization’s
‘profit’ is
called
‘surplus’.”
CORPORATION
ROUND 3
COOPERATIVE
“Registered to
Department of
Trade and
Industry (DTI)
and Bureau of
Trade and
SOLE PROPRIETORSHIP
Regulation and
Consumer
Protection
(BTRCP)
example are sari
sari store, turo-
turo, and
“Samples of
business
organizations
under this
classification is
USI, AdNU,
and SM and
registered
through SEC.”
CORPORATION
“Registered to
Security
Exchange
Commission PARTNERSHIP
(SEC) with a
capital of 3,
000 php or
more.”