Question

three characteristics of "Joint Hindu Family Business".
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Answer 1

Explanation:

There should be at least two male members in the family to form a HUF. Ancestral property should have been inherited by members of HUF. All of the members enjoy this property and have an equal share in that Property.

Answer 2

Answer:

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:

Explanation:

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