PhD Candidate, “Civil Law” Department, Law Faculty, Baku State University
E-mail: [email protected]
UDC 347
PROFIT OF THE COOPERATIVE AND ITS DISTRIBUTION
Cooperation is one of the main systemic approaches aimed at the development of small and medium-sized enterprises, which form the basis of the economy of any country. This mechanism is widely used all over the world and has fully proven itself [2, p. 125]. S. I. Pakhomova and A. R. Purge note that even during the New Economic Policy period, cooperative-based joint activity was considered the main driving force of economic progress [6, p. 102].