Business Studies, asked by priyarehan52, 3 months ago

Is karta liability limited?

Answers

Answered by AmanKaur01

21

Answer:

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Answered by khushiwaskale

9

The joint Hindu family business is controlled by the head of the family who is the eldest member and is called Karta. The karta has unlimited liability while the liability of all other members is limited to their share of co-parcenery property of the business.

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