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The members of Hindu Undivided family business are called ________. (Fill in the blank by choosing correct option)a) Karta b) partners c) co-parceners |
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Answer» Answer: The correct answer is c, i.e co-parceners. Explanation: The members of Hindu Undivided family business include those such members who are BORN into the family and THEREFORE are known as the co-parceners. Anyone who is born into the family whether it MAY be a boy or a GIRL within the upcoming three generations can be a member of the Hindu Undivided family business. Furthermore, the eldest member of such a family is known as the "Karta" of the family. That is the member of the family who maintains the finances. |
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