Business organization which is controlled by Hindu succession Act is known as ________ (Fill in the blank by choosing correct option)
a) Joint stock company
b) partnership firm
c) Joint Hindu family firm
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your answer is option c) joint Hindu family firm.
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please mark as brainliest.
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Answer:
c) Joint Hindu family firm
Explanation:
A business organization which is controlled by the Hindu Succession Act is known as the Joint Hindu family firm.
Joint Hindu family firm business found only in India. It is the form of an organization where the business is carried by one of the family members. There is no limit for the minimum and maximum numbers of members. Controller of the business is head of the family which we called 'Karta'.
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