Business Studies, asked by Anonymous, 6 months ago

How not to share the benefits in a joint Hindu family

Answers

Answered by Anonymous

1

Characteristics of a Joint Hindu Family Business :

Governed by Hindu Law : The business of the Joint Hindu Family is controlled and managed under the Hindu law.

Management.

Membership by Birth.

Liability.

Permanent Existence.

Implied Authority of Karta.

Minor also a Partner.

Dissolution.

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