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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. |
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संबंधित प्रश्न
Features of Joint Hindu Family Business
Define ‘Joint Hindu family business/firm’.
Co - operative Society Joint Hindu Family Firm
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.
Limited managerial skill is the ________ of Joint Hindu family business.
Select the proper option from the options given below and rewrite the completed sentence.
The Head of Joint Hindu family Business is called as ________.
Write a word or a phrase or a term which can substitute the following.
The members of the Joint Hindu family firm.
Write short note on the following.
Features of Joint Hindu family.
Briefly explain the following term: Karta
State True or False:
The liability of KARTA is unlimited.
State True or False:
The maximum number of members is unlimited in Joint Hindu Family Firm.
Explain the following term/concept:
Karta.
Justify the following statement.
Karta is the sole manager of ‘Joint Hindu Family Business’.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
The members of the Joint Hindu Family firm.
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?
