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Business Introduction MCQ 3
Business Introduction MCQ 3
28 . What is the nature of liability of the coparceners in a Joint Hindu Family business?
(a) Joint and Limited
(b) Limited to their share of ancestral property
(c) Unlimited
(d) Joint and Unlimited
29 . Membership in Joint Hindu Family Business occurs by which of the following modes :
(a) Agreement (b) Birth
(c) Marriage (d) None of these
30 The eldest member of 'Joint Hindu Family'shall become 'Karta'. Which of the following is true
about the 'Karta'?
(a) Only a male can become the Karta
(b) Only a female can become the Karta
(c) Both male or female can become the Karta
(d) All are correct