CBSE · Class 11 · Business Studies · Forms of Business OrganisationsLiability of the karta in a Joint Hindu Family business is:
Step-by-Step Solution
In a Joint Hindu Family business, the liability of the karta is unlimited, meaning his personal assets can be used to repay business debts, unlike other members whose liability is limited.
Detailed Options Breakdown
Option : Limited
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Forms of Business Organisations.
Option 1: Unlimited (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Joint
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Forms of Business Organisations.
Option 3: Zero
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Forms of Business Organisations.
💡 Study Guide: This question tests core syllabus concepts from Forms of Business Organisations. For formulas, key summaries, and mock exam reference guides, read the full Forms of Business Organisations Revision Notes.