Business Studies, asked by manu1522, 5 months ago

22 Mr. Akshat Gupta owns an ancestral house in Shimla. On the advice of his friend he

converts it into a lodge with renovation. The revenue from the lodge helps to

supplement his income substantially. On his death the property( lodge) is inherited by

his three sons in order of their age namely, Lakshya, Luv and Lok who carry on with

the business under the form of Joint Hindu Family Business.

In context of the above case:

(i) Name the law which governs the Joint Hindu Family Business.

(ii) Who amongst the three brothers has the right to exercise control over the family
(iii) Comment upon the liability of three brothers

Answers

Answered by saxenalavi422
0

Answer:

second option is right answer ok...........

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