The statement which states that a voluntary association is typically a nonprofit organization which is formed to pursue some common interest is true.
As a result of this, we can see that a voluntary association has to do with one where anybody can join and they are usually non profit organizations because they have a common interest among themselves which they all want to achieve.
They are an important part of the society as they bring people who have similar interests together so they can pursue their common goal.
Therefore, the correct answer is true
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