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Question

Identify the correct statement from the following :

A The liability of the Karta is limited
B A joint Hindu family business continues to exist on the death of a co-partner.
C A joint Hindu family business ceases to exist on the death of the Karta
D A joint Hindu family business comes into existence by Hindu law.

Answer & Explanation

Answer:A joint Hindu family business continues to exist on the death of a co-partner.

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