Question

The Karta in HUF has:

a) Limited liability
b) No liability for debts
c) Unlimited liability
d) Joint liability ​

Answer 1

Answer:

Article 236 of the Mulla Hindu Law defines "Karta" as follows: Manager - Property belonging to a joint family is ordinarily managed by the father or other senior member for the time being of the family: The Manager of a joint family is called Karta. In a HUF, the responsibility of Karta is to manage the HUF property.

Explanation:

unlimited liability....