The affairs of business are managed by the head of the family, who is known as the ____________.
A
KARMA
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B
KARTA
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C
KARMAVIR
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D
KARVIR
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Solution
The correct option is B KARTA The business is controlled by the
head of the family who is the eldest
member and is called karta. All
members have equal ownership right
over the property of an ancestor and
they are known as co-parceners.