Write a word or a term or a phrase that can substitute each of the following statements.

(i) A person can enter into a share purchase transaction on behalf of a minor.

(ii) The firm cannot be a member of the company.

(iii) In this family, shares can be registered only in the name of its ‘Karta’.

(iv) Being a registered entity, it can be a member of the company.

(v) They can buy shares of an Indian company.

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1 Answers

(i) A guardian

(ii) Partnership firm

(iii) Hindu Undivided Family

(iv) Co-operative society

(v) Foreigner

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