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Explain the following term/concept: Joint Hindu Family Firm. - Organisation of Commerce and Management

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प्रश्न

Explain the following term/concept:

Joint Hindu Family Firm.

टिप्पणी लिखिए

उत्तर

  1. It is a form of business organization which is carried from one generation to another generation.
  2. It comes into existence by the operation of Hindu Law.
  3. This form organization is found in India only.
  4. The senior most member of the family is called ‘Karta’ while other members are called ‘Co-parceners’.
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अध्याय 4: Forms of Business Organisation - 1 - EXERCISE [पृष्ठ ९२]

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बालभारती Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
अध्याय 4 Forms of Business Organisation - 1
EXERCISE | Q 2. 3) | पृष्ठ ९२
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