Name the form of business organisation. ,Is the association of members voluntary or compulsory.
Study the following case/situation and express your opinion:
Teachers of different colleges in Mumbai form an association to buy land and construct flats for them.
1. Name the form of business organisation.
2. Is the association of members voluntary or compulsory.
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1 Answers
1. Co-operative Society
2. The association is voluntary, as it is one of the features of the Co-operative Society.
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Answered