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Forms Of Business Organization
Question
Can a minor become a member of Joint Hindu Family?
Solution
Yes. A minor can become the member of Joint Hindu Family Business.
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Important
Some More Questions From Forms of Business Organization Chapter
Define company.
What do you understand by a Private Company?
What do you understand by a Public Company?
Under what circumstances, is a partnership form of business organisation suitable ?
Write a short note on 'implied agency', one of the important characteristics of partnership and also true test of partnership.
Would you say that the sole proprietorship involves a lengthy and expensive procedure for its registration?
Explain whether the liability of a sole proprietorship is limited to the extent of his share in business.
Only the Karta has unlimited liability in HUF. Explain.
Define 'Partner by Holding Out'.
Explain how the company is an artificial person.
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Mock Test Series
Mock Test Series