A client can pass a remote home object reference to another application. The receiving application can use the home interface in the same way that it would use a remote home object reference obtained via JNDI.
A client can pass a local home object reference to another application through its local interface. A local home object reference cannot be passed as an argument or result of a method on an enterprise bean�s remote home or remote interface.
The above Specs clearly explain the answers as well.