Business Studies, asked by somilverma162004, 4 months ago

why joint hindu family is unique​

Answers

Answered by parry8016
2

Explanation:

A Hindu Joint Family is an extended family arrangement which has enormous legal importance in India. The underlying importance of a joint family is that it checks its origin back to one common ancestor. Moreover, with the births and deaths of members, joint families can continue till eternity.

Answered by jhanvishashidhar09
2
The answer is


The Joint Hindu Family Business is a distinct form of organisation peculiar to India. 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 business of Joint Hindu Family is controlled under the Hindu Law instead of Partnership Act. 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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