Business Studies, asked by Devanandh7337, 1 year ago

The senior most family member of joint Hindu family firm. Answer in a word / phrase / term.

Answers

Answered by Jiyakhera
1
hey mate !!!❤✌
here's ur answer ⤵⤵⤵⤵


 \boxed{karta}

In the entire Hindu joint family, the karta or manager (the English word manager is wholly inadequate in understanding his unique position) occupies a very important position. Karta is the eldest member of family.

⭐ hope it helps ⭐
Answered by presentmoment
1

The senior-most family member of the joint Hindu family firm is called as Karta.

Explanation:

  • The 'Joint Hindu family business' is very famous in India.
  • The Business of Hindu dying intestate is inherited after his death by his coparceners and is managed by the Karta of the family for his own benefit and also for the benefit of other coparceners.
  • The liability of the coparceners other than the Karta remains restricted to the enlargement of their share in the combined family assets.
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