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LoginThere is no limit for membership in Joint Hindu family Business. (State with reason whether the given statement is true or false)
Business Studies Secondary School in Business Studies 1 year ago
atement is True.i. In Joint Hindu Family, all members born in the family become member of the family by BIRTH and CEASES to be a member by death. It is governed by the Hindu SUCCESSION Act, 1956.ii. THUS, there is no specific number of members in a Joint Hindu Family business. Hence, there is no limit for MEMBERSHIP in Joint Hindu Family business.
Posted on 22 Sep 2024, this text provides information on Business Studies related to Secondary School in Business Studies. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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