Why is the joint stock company called the voluntary association.
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A Joint Stock Company is a voluntary association of individuals. A . B . A joint stock company is a voluntary association of individuals who come together with a common objective to pursue a business activity with a main aim of earning profit and survive in the business environment.
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A joint-stock company is a business owned by people called shareholders. Each shareholder owns company stock in proportion to the number of their shares (certificates of ownership). ... This means the shareholders are only liable for the company's debts to the value of the money they invested in the company.
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shayaan
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