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WorksheetsJHF
Total questions: 10
Worksheet time: 4mins
Name
Class
Date
1.
The Karta in Joint Hindu family business has (a) liability.
2.
The Head of the Joint Hindu family business is called:
a)
KARTA
b)
PROPRIETOR
c)
DIRECTOR
d)
MANAGER
3.
Name the law that governs Joint Hindu Family
(a)
4.
The person who have an equal ownership right over the property of the ancestors are known as
a)
PARTNERS
b)
CO PARCENERS
c)
MEMBERS
d)
SHAREHOLDERS
5.
Minors can also be members of this form of business
a)
JOINT HINDU FAMILY BUSINESS
b)
SOLE PROPRIETORSHIP
c)
COMPANY
6.
The death of Karta will not affect the Joint Hindu Family Business
a)
TRUE
b)
FALSE
c)
MAYBE
7.
NAME ONE SCHOOL OF LAW
(a)
8.
REGISTRATION IS COMPULSORY
a)
TRUE
b)
FALSE
9.
THE MEMBERSHIP OF THE JHF IS ACQUIRED BY VIRTUE OF
(a)
10.
THERE IS LIMIT OF MEMBERS IN JHF
a)
TRUE
b)
FALSE
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