Advertisements
Advertisements
Question
State True or False:
The liability of KARTA is unlimited.
Options
True
False
Advertisements
Solution
True
APPEARS IN
RELATED QUESTIONS
Joint Hindu Family firm and Joint Stock company.
Features of Joint Hindu Family Business
Merits and Demerits of Joint Hindu Family?
Select the proper option from the options given below and rewrite the completed sentence.
The members of Hindu Undivided family business are called ________
Select the proper option from the options given below and rewrite the completed sentence.
Limited managerial skill is the ________ of Joint Hindu family business.
Select the proper option from the options given below and rewrite the completed sentence.
The Karta in Joint Hindu family Business has ________ Liability.
Write a word or a phrase or a term which can substitute the following.
The senior most family member of joint Hindu family firm.
Distinguish between the following.
Joint Hindu family firm and Sole Trading concern
State True or False:
The maximum number of members is unlimited in Joint Hindu Family Firm.
Correct the underlined word and rewrite the following sentence.
In Joint Hindu Family business, the senior most member of family is called as Co-parcener.
Explain the following term/concept:
Karta.
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?
Answer in brief.
State any four merits 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.
Who manages and leads the Joint Hindu Family Business?
In the Dayabhaga school, who can become a coparcener in a Hindu Undivided Family?
How is membership in a Hindu Undivided Family acquired?
