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Explain the following term/concept: Karta. - Organisation of Commerce and Management

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प्रश्न

Explain the following term/concept:

Karta.

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उत्तर

  1. Karta is a senior most member of the family, who runs the Joint Hindu Family Business.
  2. Karta has unlimited liability in such type of business.
  3. Karta has the right to manage the business.
  4. Karta need not consult anybody about business decisions.
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अध्याय 4: Forms of Business Organisation - I - EXERCISE [पृष्ठ ९३]

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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. 6) | पृष्ठ ९३
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