Q.Distinguish between a Co-operative Society and a Joint Stock Company on any four points.

The two forms share separate legal existence but diverge sharply on motive, voting, and capital-raising capacity.

Co-operative Society vs. Joint Stock Company — four distinguishing points:

1. Primary motive — a Co-operative Society exists mainly to serve its members' common economic interests (service motive); a Joint Stock Company exists mainly to earn profit for its shareholders (profit motive).
2. Voting rights — in a Co-operative Society, every member gets one vote, regardless of capital contributed (democratic control); in a Company, voting power is proportional to the number of shares a shareholder holds.
3. Basis of distributing gains — a Co-operative Society distributes surplus (after a limited dividend on capital) broadly in proportion to a member's patronage (business transacted with the society); a Company pays dividend proportional to shareholding. …