Compare the status of a minor in a Joint Hindu Family Business with that in a partnership firm.

Compare the status of a minor in a Joint Hindu Family Business with that in a partnership firm.

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

A minor becomes a member of Joint Hindu Family Business by virtue of his birth. On the other hand, in partnership, minor can be a partner only in profits.

4 views Answered 2023-02-05 15:29

Related Questions

The Karta in Joint Hindu family business has: (i) Limited liability

1 Answers 4 Views

The Head of the Joint Hindu family Business is called (i) Proprietor (ii) Director (iii) Karta (iv) Manager

1 Answers 4 Views

For which of the following types of business do you think a partnership firm of organization would be more suitable, and why?

1 Answers 4 Views

Name the person who manages a Joint Hindu Family Business. (a) Manager (b) Minor (c) Members (d) Karta

1 Answers 4 Views

Name the law which governs Joint Hindu Family Business. (a) Partnership Act (b) Hindu Law (c) Companies Act, 1956

1 Answers 5 Views

PSE’s are organizations owned by (a) Joint Hindu Family (b) Government

1 Answers 4 Views

Discuss the main provisions of the Indian Partnership Act, 1932 that are relevant to partnership accounts if there is no partnership deed.

1 Answers 4 Views

In the absence of a partnership deed, the provisions of the Indian Partnership Act, 1932, apply. According to the Act,

1 Answers 5 Views

Distinguish between a ‘Joint Stock Company’ and a ‘Joint Hindu Family Business’ on the basis of ‘liability of its members’

1 Answers 4 Views

The status of your document like current page and number of pages are given by ………… (a) Formatting toolbar (b) Status bar

1 Answers 4 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)