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प्रश्न
Briefly explain the following term: Karta
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उत्तर
The term karta is used for the head of a joint Hindu family who runs a family business. The karta of a Joint Hindu family is responsible for carrying out the business operations of the family business and exercising full control over the business. He is the eldest member of the family and has unlimited liabilities along with absolute decision-making powers.
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संबंधित प्रश्न
Explain the features of a joint Hindu family firm.
Features of Joint Stock Company?
The form of organisation which comes into existence by law of inheritance.
Select the proper option from the options given below and rewrite the completed sentence.
The members of Hindu Undivided family business are called ________
Write a word or a phrase or a term which can substitute the following.
The members of the Joint Hindu family firm.
Distinguish between the following.
Joint Hindu family firm and Joint stock company
Compare the status of a minor in a Joint Hindu family business with that in a partnership firm.
Distinguish between a Joint Hindu family business and partnership.
State True or False:
The maximum number of members is unlimited in Joint Hindu Family Firm.
State True or False:
Joint Stock company can raise huge amount of capital.
Answer in one sentence.
What is Joint Hindu Family business?
Explain the following term/concept:
Karta.
Justify the following statement.
Karta is the sole manager of ‘Joint Hindu Family Business’.
The members of the Joint Hindu Family firm.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
Who manages and leads the Joint Hindu Family Business?
