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Question
Write a word or a phrase or a term which can substitute the following.
The senior most family member of joint Hindu family firm.
Solution
The senior most family member of Joint Hindu Family Firm- Karta.
Explanation:
The eldest male member of a joint Hindu family business is called Karta. He controls and manages the business. Other members are called coparceners.
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RELATED QUESTIONS
The Karta in a Joint Hindu family business has _______ liability
Co - operative Society Joint Hindu Family Firm
Co - operative Society Joint Hindu Family Firm
Merits and Demerits of Joint Hindu Family?
Select the proper option from the options given below and rewrite the completed sentence.
The members of Hindu Undivided family business are called ________
Select the proper option from the options given below and rewrite the completed sentence.
The Karta in Joint Hindu family Business has ________ Liability.
Distinguish between the following.
Joint Hindu family firm and Sole Trading concern
Compare the status of a minor in a Joint Hindu family business with that in a partnership firm.
Answer in one sentence.
What is Joint Hindu Family business?
Explain the following term/concept:
Karta.
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.
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.
