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प्रश्न
Distinguish between a Joint Hindu family business and partnership.
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उत्तर
|
Basis of difference |
Joint Hindu Family Business |
Partnership |
|
Governance |
Governed by the Hindu law. |
Governed by Partnership Act, 1932. |
|
Liability |
The head has unlimited liability, while the liabilities of other members are limited to the extent of their share in the business. |
All the partners have unlimited liability. |
|
Decision making and control |
The karta is responsible for the management and control of the business. |
All the partners jointly manage and control the firm. |
|
Number of members |
Minimum: 2 Maximum: No limit |
Minimum: 2 Maximum: 10 for the banking business and 20 for other businesses |
|
Minor |
Minors can be members. |
Minors cannot be members. |
APPEARS IN
संबंधित प्रश्न
Joint Hindu Family firm and Joint Stock company.
The Karta in a Joint Hindu family business has _______ liability
Co - operative Society Joint Hindu Family Firm
Features of Joint Stock Company?
maximum number of members in a Joint Hindu Family firm is 20.
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 ________
Select the proper option from the options given below and rewrite the completed sentence.
The Head of Joint Hindu family Business is called as ________.
Distinguish between the following.
Joint Hindu family firm and Joint stock company
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.
Complete the sentence.
The property of JHF business is jointly owned by the ________
Distinguish between.
Joint Hindu Family Firm and Joint Stock Company.
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.
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?
In the Dayabhaga school, who can become a coparcener in a Hindu Undivided Family?
Which feature of JHFB is illustrated by the infographic showing “Joint Ownership” by Karta and coparceners?
