Hindu undivided family business - class-XI
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Multiple Choice
Identify which statement is true and which is false?
$1.$ Any person can become member of HUF.
$2.$ In a HUF business, in the event of death of any of the co-parcener, his wife can claim share of profit.
$3.$ In a HUF business, the liability of the karta is Unlimited.
Select the correct answer from the options given below.
- $2$ and $3$
- $1$ and $3$
- $3$ and $2$
- None of above