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Write a Word Or a Phrase Or a Term Which Can Substitute the Following. the Members of the Joint Hindu Family Firm. - Organisation of Commerce and Management

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Question

Write a word or a phrase or a term which can substitute the following.
The members of the Joint Hindu family firm.

One Line Answer
One Word/Term Answer

Solution

The members of the Joint Hindu Family Firm- Co-parceners.
Explanation:
The members of a joint Hindu family business are called coparceners. The word “coparceners” means “common ownership in the ancestral property”. The head of the business is called Karta

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Chapter 1: Forms of Business Organisations - Write a word or a phrase [Page 38]

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Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Forms of Business Organisations
Write a word or a phrase | Q 10 | Page 38

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