11 commerce-HUF

The firm of Hindu Undivided Family is managed by whom?

• Owner

• Karta

• Manager

• partned

In the firm of Hindu Undivided Family, how one gets the membership?

• By Agreement

• By Birth

• By investing capital

• By managing

The members in the joint Hindu family are known as ………………..

• Karta

• coparceners

• Generations

• Partners

Only the male members in the family get the right of inheritance by birth as ………………..

• Mitakshara law

• Hindu law

• Dayabhaga law

• None of these

Except the-------- , the liability of all other members is limited to their shares in the business.

• Karta

• Coparceners

• Grand mother

• Grand son

The business of the Joint Hindu Family is controlled and managed under the ---------

• Mitakshara law

• Dayabhaga law

• Hindu law

• Partnership act

Membership requires no consent or agreement

• Partnership

• sole trader

• Joint hindu family

• Joint stock company

Which of the following is under non – corporate enterprise?

• Government

• Co-operative

• Company

• Sole trading concern

“He receives all the profits and risks all of his property in the success or failure of the enterprise”- was said by ………………..

• Wheeler

• J.L.Hansen

• H.Haney

• O.R.Krishnasamy

……………… is known as individual entrepreneurship.

• Partnership

• Sole trader

• Joint stock company

• Co-operative