Question

All partners are equally entitled to a right of management of the business whereas right of management of joint family business generally vests in the -.

• A. Male member
• B. Karta
• C. Major male member
• D. Minor male member

Answer 1

The correct option is B Karta

In a partnership, every partner has implied authority to represent the firm and bind the other partners by his acts. In case of HUF, the head of the family business is Karta. He has the legal authority to manage and control the family business. Though the decisions can be taken by all other members,but the final decision lies with the Karta.