Question

Select the proper option from the options given below and rewrite the completed sentence.
The members of Hindu Undivided family business are called ________

Options

• Karta

• partners

• co-parceners

Answer 1

The members of Hindu Undivided family business are called co-parceners.
Explanation:
Co-parceners refer to the members or the common ownership of the ancestral property. In other words, the members of a Hindu undivided family business enjoy common ownership in the ancestral property; therefore, they are called co-parceners.