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The members of Joint Hindu Family firm are known as coparceners.

A

True

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B

False

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Solution

The correct option is A True
The members of Joint Hindu family firm are known as Coparceners as members share equally with each other the inheritance of the estates or rights. Coparceners are usually the people born in the same family.

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Q. State whether the following statements are True or False:
(a) A joint Hindu family business is the result of a contract between the members of the family.
(b) Every member of a joint Hindu family business is an agent of the firm.
(c) There is no limit on the number of members in a joint Hindu family business.
(d) Female members of a family do not have a share in the joint Hindu family business according to darabhaga
(e) A joint Hindu family business is not dissolved on the death of a member.

Q. Define 'joint Hindu family firm'. Explain the features of a joint Hindu family firm.

Q. Long answer type question.

Define a Joint Hindu family firm. Explain features of joint Hindu family firm.

Q. Write a word or a phrase or a term which can substitute each one of the following.

The members of the Joint Hindu family firm.

Q. Which of these is/are point of difference between a partnership firm and a Hindu Undivided Family.

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