Accountancy, asked by stusarvesh13505, 8 months ago

compare the status of a minor in a joint Hindu family business with that in a partnership firm?

Answers

Answered by anuragsharma9
3

Answer:

A minor becomes a member of Joint Hindu Family Business by virtue of his birth. On the other hand, in partnership, minor can be a partner only in profits. Or we can say that The inclusion of an individual into the business occurs due to birth in a Hindu Undivided Family.

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