Business Studies, asked by jinendra8017, 6 months ago

main characteristics of J.H.F. business.

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Answered by dipalipuja2006

2

Joint Hindu Family Firm is created by the operation of law. It does not have any separate and distinct legal entity from that of its members. ... The membership in this form of business organisation can be acquired only by birth or by marriage to a male person who is already a member of Joint Hindu Family.

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