Chapter 3

Question 1

I. A Guardian Cooperative may supervise more than 1 laboratory cooperative.
II. The dissolution of the Guardian Cooperative shall result in the revocation of the Certificate of Recognition of the Laboratory Cooperative.

Answer 1

Both are true

Question 2

I. The death or insanity of a member in a primary cooperative may be considered valid grounds for termination of membership.
II. The insolvency or dissolution of a member in a secondary or tertiary cooperative may be considered valid grounds for termination of membership.

Answer 2

Both are true

Question 3

It is one who has complied with all the membership requirements and entitled to all the rights and privileges of membership.

Answer 3

Regular members

Question 4

I. A cooperative organized by minors shall be considered a laboratory cooperative and must be affiliated with a registered cooperative.
II. An associate who meets the minimum requirements of regular membership, continues to patronize the cooperative for 3 years, and signifies his/her intention to remain a member shall be considered a regular member.

Answer 4

Both are true

Question 5

I. Any officer or employee of the CDA shall be disqualified to be elected or appointed to any position in a cooperative.
II. All elective officials of the Government shall be ineligible to become officers and directors of cooperatives.

Answer 5

Both are true

Question 6

I. An applicant for membership shall be deemed a member after approval of his membership by the general manager.
II. In case membership is refused or denied by the board of directors, an appeal may be made to the chairperson and the latter’s decision shall be final.

Answer 6

Both are false

Question 7

I. A member shall be liable for the debts of the cooperative to the extent of his contribution to the share capital of the cooperative.
II. A member of a cooperative may, for any valid reason, withdraw his membership from the cooperative by giving a 30 day notice to the board of directors.

Answer 7

Only I is true

Question 8

It refers to a duly registered cooperative to which a Laboratory Cooperative is affiliated with.

Answer 8

Guardian cooperative

Question 9

I. A member whose membership the board of directors may wish to terminate shall be informed of such intended action in writing and shall be given an opportunity to be heard before the said board makes its decision.
II. In case of death or insanity of an agrarian reform beneficiary-member of a cooperative, the next-of-kin may assume the duties and responsibilities of the original member.

Answer 9

Both are true

Question 10

It is one who has no right to vote nor be voted upon and shall be entitled only to such rights and privileges as the bylaws may provide.

Answer 10

Associate members