The karta in joint hindu family business has:

(A) Unlimited liability

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(B) Limited Liability

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(D) None of these

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Solution

The correct option is A
(A) Unlimited liability

Answer: (A)

The ‘karta’ in Joint Hindu family business has Unlimited liability. Karta is the person who has full control over the Hindu Undivided Family business. Karta can take advice from all the members but he is not bound to accept their decisions.

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