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State with Reasons Whether the Following Statement True Or False. the Liability of a Karta in a Joint Hindu Family Firm is Limited. - Organisation of Commerce and Management

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प्रश्न

State with reasons whether the following statement true or false.

The liability of a Karta in a Joint Hindu family firm is limited.

विकल्प

  • true

  • false

MCQ
सत्य या असत्य

उत्तर

The liability of a Karta in a Joint Hindu family firm is limited : False
Explanation: The Karta of a joint Hindu family business has unlimited liability. It implies that his personal property can be used for paying debts of the business if business assets are not sufficient. The liability of coparceners is limited.

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अध्याय 1: Forms of Business Organisations - True or false [पृष्ठ ३९]

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मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Forms of Business Organisations
True or false | Q 2 | पृष्ठ ३९

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