Asked/Added Questions From NCERT:

Question 1. Asked on :19 August 2020:12:41:41 PM

 Write the possess of HUF?

-Added by Jyoti Srivastva Business Study » Forms Of Business Organizations


Jyoti Srivastva

HUF possess the following:

(i) Legal status : HUF is governed by hindu law, thus can enter into partnership agreements.

(ii) Membership : onlymale member who are coparceners by birth can be its member. 

(iii) Managment : All the affairs of HUF are managed by karta.

(iv) Liability : Liability of all except karta in limited .

(v) Fluctuating share : share of each member keeps on fluctuating by birth and death of male members.

(vi) Continuty : Death of any coparcener or even karta does not effects its continuity.

(vii) Profit sharing : All coparcener have equal share in the proits.

-Answered by Jyoti Srivastva On 19 August 2020:12:45:00 PM(20065Average Rating Based on rating)


You can see here all the solutions of this question by various user for NCERT Solutions. We hope this try will help you in your study and performance.

This Solution may be usefull for your practice and CBSE Exams or All label exams of secondory examination. These solutions or answers are user based solution which may be or not may be by expert but you have to use this at your own understanding of your syllabus.



What do you have in your Mind....

Ask Your Question? From your text book.

Our Expert Team reply with answer soon.


Ask Your Question


* Now You can earn points on every asked question and Answer by you. This points make you a valuable user on this forum. This facility is only available for registered user and educators.

Next moment you answer is ready .... go ahead ...




Search your Question Or Keywords



Do you have a question to ask?


Ask Your Question

User Earned Point: Select




All Tags by Subjects:


Science (2231)
History (278)
Geography (310)
Economics (258)
Political Science (96)
Mathematics (200)
General Knowledge (5686)
Biology (94)
Physical Education (20)
Chemistry (118)
Civics (114)
Home Science (12)
Sociology (9)
Hindi (45)
English (258)
Physics (1435)
Other (97)
Accountancy (378)
Business Study (71)
Computer Science (128)
1 (2)



Sponsers link