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Question Practice

What is meant by ‘co-parceners’ in a Joint Hindu Family business?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
Forms of Business Organisation
Question Bank

What is meant by ‘co-parceners...

Single Answer MCQ
Q-00064421

What is meant by ‘co-parceners’ in a Joint Hindu Family business?

1

Individuals managing the business

2

Members with financial liability

3

Members having equal ownership rights

4

People outside the family business

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