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Question
An Indian citizen cannot make ___________ form of organization in America.
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Solution
The correct option is A HUF
A Hindu Undivided Family is regulated by the Hindu succession act. It consists of karta the head of the family and co-parceners, the members of the family. It does not need any regulation or legal formalities to set up. In America, in order to set up business many legal formalities are necessary. Hence, an Indian citizen cannot make form of organisation in America.
A Hindu Undivided Family is regulated by the Hindu succession act. It consists of karta the head of the family and co-parceners, the members of the family. It does not need any regulation or legal formalities to set up. In America, in order to set up business many legal formalities are necessary. Hence, an Indian citizen cannot make form of organisation in America.
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