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प्रश्न
Explain the following term/concept:
Karta.
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उत्तर
- Karta is a senior most member of the family, who runs the Joint Hindu Family Business.
- Karta has unlimited liability in such type of business.
- Karta has the right to manage the business.
- Karta need not consult anybody about business decisions.
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संबंधित प्रश्न
Distinguish between the following:
Joint Hindu Family firm and joint stock company
Co - operative Society Joint Hindu Family Firm
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 Karta in Joint Hindu family Business has ________ Liability.
Distinguish between the following.
Joint Hindu family firm and Sole Trading concern
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.
Complete the sentence.
The property of JHF business is jointly owned by the ________
Answer in brief.
State any four merits of the Joint Hindu Family Firm.
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.
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.
The members of the Joint Hindu Family firm.
Who manages and leads the Joint Hindu Family Business?
How is membership in a Hindu Undivided Family acquired?
What is the main disadvantage of JHFB shown in the notes?
