Concept:A cooperative society is based on democratic control, where every member has equal voting rights.
Explanation:In a cooperative society, the principle of “one man, one vote” applies.
Each member has one vote regardless of the number of shares held.
A member with many shares does not receive extra votes.
This is different from a limited liability company, where voting power is usually tied to shareholding.
Therefore, the business organisation where shareholders have equal votes is the cooperative.
Answer:C. cooperative