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प्रश्न
Explain the following term/concept:
Karta.
उत्तर
- Karta is a senior most member of the family, who runs the Joint Hindu Family Business.
- Karta has unlimited liability in such type of business.
- Karta has the right to manage the business.
- Karta need not consult anybody about business decisions.
APPEARS IN
संबंधित प्रश्न
Define 'Joint Hindu family'.
Explain the features of a joint Hindu family firm.
The Karta in a Joint Hindu family business has _______ liability
Merits and Demerits of Joint Hindu Family?
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.
Limited managerial skill is the ________ of Joint Hindu family business.
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
Compare the status of a minor in a Joint Hindu family business with that in a partnership firm.
Briefly explain the following term: Karta
State True or False:
Joint Stock company can raise huge amount of capital.
Answer in one sentence.
What is Joint Hindu Family business?
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?
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.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
