Question

State characteristics of Joint Hindu Family?

Answer 1

The most important characteristic of joint family is that it is large in size. Because it consists of members of three to four generations. It includes parents, grandparents, children grand children and other close blood relatives. Several nuclear families live together as one and constitute a joint family.

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Answer 2

Answer:

The Joint Hindu Family Business or the Hindu Undivided Family (HUF) is a unique form of business organisation found only in India. Nowhere else in the world is this a legal form of business entity. Let us learn about this form of organisation and its unique features.