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प्रश्न
A joint stock company is a ______ association of certain persons formed to carry out a particular purpose in common.
विकल्प
voluntary
corporate
legal
liable
MCQ
रिक्त स्थान भरें
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उत्तर
A joint stock company is a voluntary association of certain persons formed to carry out a particular purpose in common.
Explanation:
A joint stock company is formed when members agree to work together and pool their resources to pursue a shared objective or purpose. This element of free will in establishing the corporation distinguishes it as a voluntary association.
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