Business Studies, asked by delnazrajan12, 8 months ago

Why is the joint stock company called the voluntary association.

Answers

Answered by abinai

Answer:

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.

Answered by shayaan30

Answer:

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.

hope this will help u

regards

shayaan

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