English

Select the Proper Option from the Options Given Below and Rewrite the Completed Sentence. the Members of Hindu Undivided Family Business Are Called ________ - Organisation of Commerce and Management

Advertisements
Advertisements

Question

Select the proper option from the options given below and rewrite the completed sentence.
The members of Hindu Undivided family business are called ________

Options

  • Karta

  • partners

  • co-parceners

MCQ

Solution

The members of Hindu Undivided family business are called co-parceners.
Explanation:
Co-parceners refer to the members or the common ownership of the ancestral property. In other words, the members of a Hindu undivided family business enjoy common ownership in the ancestral property; therefore, they are called co-parceners.

shaalaa.com
  Is there an error in this question or solution?
Chapter 1: Forms of Business Organisations - Select the proper option [Page 36]

APPEARS IN

Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Forms of Business Organisations
Select the proper option | Q 6 | Page 36

Video TutorialsVIEW ALL [1]

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×