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Which feature of JHFB is illustrated by the infographic showing “Joint Ownership” by Karta and coparceners?

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Question

Which feature of JHFB is illustrated by the infographic showing “Joint Ownership” by Karta and coparceners?

Options

  • Ownership only by Karta

  • Shared ownership among family members

  • Ownership only by partners

  • Ownership only by daughters

MCQ
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Solution

Shared ownership among family members

Explanation:

Joint ownership means both Karta and coparceners own the business together (as shown visually).

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