In Hindu Undivided Family (HUF) from of business all the members of a Hindu undivided family own the business _______________.

Individually

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Separately

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Jointly

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With society

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Solution

The correct option is C Jointly
In Hindu Undivided Family(HUF) form of business all the members of a Hindu undivided family own the business jointly. In a Hindu Undivided Family business only the male members get a share in the business by virtue of their being part of the family. A Hindu Undivided Family is an extended family arrangement prevalent among Hindus of the Indian subcontinent. It came into existence as per Hindu Inheritance Laws of India.

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