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Question

Members of HUF are known as ______.

A
partners
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B
shareholders
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C
members
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D
coparceners
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Solution

The correct option is D coparceners
Joint hindu family business is regulated by the Hindu succession act. According to it the business is owned and managed by the karta, the head of the family and a;; the members of the family are its co parceners. Hence, the head of the family business is called as karta.

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