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प्रश्न
Briefly explain the following term: Karta
उत्तर
The term karta is used for the head of a joint Hindu family who runs a family business. The karta of a Joint Hindu family is responsible for carrying out the business operations of the family business and exercising full control over the business. He is the eldest member of the family and has unlimited liabilities along with absolute decision-making powers.
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संबंधित प्रश्न
Distinguish between the following:
Joint Hindu Family firm and joint stock company
Merits and Demerits of Joint Hindu Family?
Features of Joint Stock Company?
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 members of Hindu Undivided family business are called ________
Write a word or a phrase or a term which can substitute the following.
The senior most family member of joint Hindu family firm.
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 Joint stock company
Distinguish between a Joint Hindu family business and partnership.
State True or False:
Joint Stock company can raise huge amount of capital.
Explain the following term/concept:
Joint Hindu Family Firm.
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.