Select the Proper Option from the Options Given Below and Rewrite the Completed Sentence. the Head of Joint Hindu Family Business is Called as ________. - Organisation of Commerce and Management

Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads
MCQ

Select the proper option from the options given below and rewrite the completed sentence.
The Head of Joint Hindu family Business is called as ________.

Options

  • Proprietor

  • Karta

  • Director

Advertisement Remove all ads

Solution

The head of a joint Hindu family business is called Karta.
Explanation:
The Karta is the eldest male member of a joint Hindu family who controls and manages the joint Hindu family business. He takes all the decisions relating to the family business and has unlimited liability.

Concept: Hindu Undivided Family Business Or Joint Hindu Family Business
  Is there an error in this question or solution?

APPEARS IN

Micheal Vaz Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board
Chapter 1 Forms of Business Organisations
Select the proper option | Q 9 | Page 36

Video TutorialsVIEW ALL [1]

Share
Notifications

View all notifications


      Forgot password?
View in app×