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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.
APPEARS IN
संबंधित प्रश्न
Joint Hindu Family firm and Joint Stock company.
Features of Joint Hindu Family Business
Distinguish between the following:
Joint Hindu Family firm and joint stock company
Define ‘Joint Hindu family business/firm’.
Co - operative Society Joint Hindu Family Firm
Features of Joint Stock Company?
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 members of the Joint Hindu family firm.
Distinguish between the following.
Joint Hindu family firm and Sole Trading concern
Distinguish between the following.
Joint Hindu family firm and Joint stock company
Compare the status of a minor in a Joint Hindu family business with that in a partnership firm.
Briefly explain the following term: Karta
State True or False:
The liability of KARTA is unlimited.
Explain the following term/concept:
Joint Hindu Family Firm.
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.
- Find out the type of business.
- Who is Raghunath?
- 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.
What is the main disadvantage of JHFB shown in the notes?
