Business Studies, asked by bigfucker, 9 months ago

State any three limitations of ‘Joint Hindu Family’ Business.

Answers

Answered by ItzAngelSnowflakes

15

Explanation:

Elw_______♨️

Mention the limitations of Joint Hindu Family Business

1.Limited resources : The main source of capital under this kind of business is the ancestral property. ...

2.Unlimited liability of Karta : The liability of the Karta is unlimited. ...

3.Dominance of Karta : The entire control and management of the business lies with the Karta.

Hope this helps____❣️☑️

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