6
Question
A HUF business can be dissolved by __________.
A HUF business can be dissolved by __________.
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Solution
The correct option is C cannot dissolved but partitioned
The HUF business, i.e. Hindu Undivided Family business is a form of business entity. It consists of those family members who are lineally descended from a common ancestor. An HUF is said to be easy to make but difficult to break, as each coparcener has equal right to the property, hence it cannot be dissolve but can be partitioned by giving the coparcener his share from the assets. Hence the correct answer is C.
The HUF business, i.e. Hindu Undivided Family business is a form of business entity. It consists of those family members who are lineally descended from a common ancestor. An HUF is said to be easy to make but difficult to break, as each coparcener has equal right to the property, hence it cannot be dissolve but can be partitioned by giving the coparcener his share from the assets. Hence the correct answer is C.
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