5.
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Answer:
Dhirubhai Chaurasiya operates a textile business. His family is
joint and has a lot of ancestral property. All the 15 family
members are a part of this business. He is the eldest male
member in the family so he heads the business. He is liable to all
the creditors of the business as he is the decision maker.
Dhirubhai's grandson has just born a few days ago and he is also
the member of the business,
(a) Which form of business is being undertaken by Dhirubhai
Chaurasiya?
(b) Identify the features of this form of business based on the
information given.
c Textile business is part of which type of industry according
to you
Dhirubhai Chaurasiya operates a textile business. His family is
joint and has a lot of ancestral property. All the 15 family
members are a part of this business. He is the eldest male
member in the family so he heads the business. He is liable to all
the creditors of the business as he is the decision maker.
Dhirubhai Chaurasiya operates a textile business. His family is
joint and has a lot of ancestral property. All the 15 family
members are a part of this business. He is the eldest male
member in the family so he heads the business. He is liable to all
the creditors of the business as he is the decision maker.
Dhirubhai's grandson has just born a few days ago and he is also
the member of the business,
(a) Which form of business is being undertaken by Dhirubhai
Chaurasiya?
(b) Identify the features of this form of business based on the
information given.
c Textile business is part of which type of industry according
to you
Dhirubhai's grandson has just born a few days ago and he is also
the member of the business,
(a) Which form of business is being undertaken by Dhirubhai
Chaurasiya?
(b) Identify the features of this form of business based on the
information given.
c Textile business is part of which type of industry according
to you