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Explain the following term/concept: Joint Hindu Family Firm. - Organisation of Commerce and Management

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प्रश्न

Explain the following term/concept:

Joint Hindu Family Firm.

टिप्पणी लिखिए
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उत्तर

  1. It is a form of business organization which is carried from one generation to another generation.
  2. It comes into existence by the operation of Hindu Law.
  3. This form organization is found in India only.
  4. The senior most member of the family is called ‘Karta’ while other members are called ‘Co-parceners’.
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अध्याय 4: Forms of Business Organisation - I - EXERCISE [पृष्ठ ९२]

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बालभारती Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
अध्याय 4 Forms of Business Organisation - I
EXERCISE | Q 2. 3) | पृष्ठ ९२

संबंधित प्रश्न

Define ‘Joint Hindu family business/firm’.


Merits and Demerits of Joint Hindu Family?


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 senior most family member of joint Hindu family firm.


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.


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.


Complete the sentence.

The property of JHF business is jointly owned by the ________


Study the following case situation and express your opinion:

Mr. Raghunath is running a business from the last 30 years. This business is ancestoral business of Mr. Raghunath. Kiran and Naman, two sons of Mr. Raghunath are helping him along with their wives.

  1. Find out the type of business.
  2. Who is Raghunath?
  3. What Kiran and Naman are called?

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.


In the Dayabhaga school, who can become a coparcener in a Hindu Undivided Family?


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