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Write any three advantages of joint Hindu family business |
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Answer» Answer: Merits of Joint Hindu Family Firm: STABILITY: The existence of the Joint Hindu Family firm does not come to an end by the DEATH, insanity, or BANKRUPTCY of any coparcener. Management: The organisation, management, and CONTROL of the business is vested in the karta of the family. ... Liability: ... Membership: ... CREDIT worthiness: |
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