📚 Practice Mode

Hindu undivided family business - class-XI

Learn at your own pace with hints and detailed explanations

1 / 41
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.

  1. $2$ and $3$
  2. $1$ and $3$
  3. $3$ and $2$
  4. None of above
Change Mode