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Ø Limited Liability: The liability of members of a co-operative society is limited to the extent of capital contributed by them.

Advantages and Disadvantages of Co-operative Society Advantages of Co-operative Society A Co-operative form of business organisation has the following advantages: Ø Easy Formation: Formation of a co-operative society is very easy compared to a joint stock company.

But it is often seen that there is a lot of friction between the members because of personality differences, ego clash, etc.

The selfish attitude of members may sometimes bring an end to the society.

Pour une personne morale, l'amende encourue en cas de travail dissimulé peut se monter à 225.000 euros.

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Zen’to effectue une étude sur le monde du transport et la réduction des émissions de CO2.

Its existence is not affected by the death, insolvency, lunacy or resignation of any of its members.