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प्रश्न
Justify the following statement.
Karta is the sole manager of ‘Joint Hindu Family Business’.
उत्तर
- The Karta is the eldest or senior most person in the family business.
- A Karta has unlimited liability.
- He has the entire decision making power and he is not binding on the views of the co-parceners.
- Thus, Karta is the sole manager of the Joint Hindu Family business.
APPEARS IN
संबंधित प्रश्न
Joint Hindu Family firm and Joint Stock company.
Distinguish between the following:
Joint Hindu Family firm and joint stock company
The Karta in a Joint Hindu family business has _______ liability
maximum number of members in a Joint Hindu Family firm is 20.
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 Sole Trading concern
Write short note on the following.
Features of Joint Hindu family.
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:
The liability of KARTA is unlimited.
State True or False:
The maximum number of members is unlimited in Joint Hindu Family Firm.
State True or False:
Joint Stock company can raise huge amount of capital.
Answer in one sentence.
What is 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.
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.
