Ownership in _______is based on the principle that one member has one vote,and each member contributes the same amount of equity.
A)Venture capital firms
B)Public corporations
C)Cooperatives
D)Private equity firms
E)Mutual funds

Question

Quizplus · Accepted Answer

The principle described in the question is the foundation of cooperative ownership, where members collectively own and operate a business for mutual benefit. Venture capital firms, private equity firms, and mutual funds are types of investment firms that do not operate based on the one member, one vote principle. Public corporations may offer voting rights to shareholders, but equity contributions are typically not equal among shareholders.

Ownership in _______Is Based on the Principle That One Member