Name: Date:

Schedule/Course/Block: Score:
MNGT 3- Entrepreneurship and Cooperative

ACTIVITY I in (Cooperative- LESSON 4):

TRUE OR FALSE. Write TRUE If the statement is correct. If the statement is incorrect write
FALSE and encircle the word or term that makes the sentence wrong.
1. ________ The members of the board of directors shall not hold any other positions
directly involved in the day-to-day operation and management of the cooperative.
2. ________ All complaints for the removal of any elected officer shall be filed with the
board of directors.
3. ________ The board of directors shall be the highest policy making body of the
cooperative
4. ________ A quorum shall consist of at least twenty-five per centum (25%) of all
members entitled to vote.
5. ________ a regular meeting shall be held quarterly by the general assembly or a date
fixed in the by-laws.
6. ________ Directors can attend or vote by proxy at board meetings.
7. ________ No two (2) or more persons with relationships up to the third civil degree of
consanguinity or affinity nor shall any cooperative nor who in any other manner has
interests in conflict with the cooperative shall serve as an appointed officer.
8. ________ Board of directors which shall be composed of not less than ten (10) or more
than sixteen (16) members.
9. ________ The by laws may create on executive committee to be appointed by the board
of directors which such powers and duties as may be delegated to it in the by-laws or by
a majority vote of all members of the board of directors.
10. ________ An elective officer may be removed by one half (1/2) votes of the regular
members present and constituting a quorum.

ACTIVITY II in (Cooperative- LESSON 4):

Define the following terms
1. Meeting
2. Quorum
3. Compensation
4. Prima Facie Evidence of Guilt

JOANNA FAYE P. RODRIGUEZ, LPT

Instructor I