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11th Class Business Studies Forms Of Business Organisation

  • question_answer 2)
    The karta in Joint Hindu family business has (a) limited liability (b) unlimited liability (c) no liability for debts (d) joint liability

    Answer:

    (b) The joint Hindu family business is controlled by the head of the family who is the eldest member and is called Karta. The karta has unlimited liability while the liability of all other members is limited to their share of co-parcenery property of the business.


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