13
Question
In HUF form of business all the members of a hindu undivided family own the business ________.
In HUF form of business all the members of a hindu undivided family own the business ________.
Open in App
Solution
The correct option is B Jointly
The HUF form of business all the members of a hindu undivided family own the business jointly. A Hindu family can come together and form a HUF as one person cannot form HUF, it can only be formed by a family, it consists of a common ancestor and all of his lineal descendants, including their wives and unmarried daughters.Thus the correct answer is C.
The HUF form of business all the members of a hindu undivided family own the business jointly. A Hindu family can come together and form a HUF as one person cannot form HUF, it can only be formed by a family, it consists of a common ancestor and all of his lineal descendants, including their wives and unmarried daughters.
Thus the correct answer is C.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
