Manager as the head of the family as regards spending the...

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Manager as the head of the family as regards spending the income of the family

A. Is to save, economise and invest like an agent

B. Is under an obligation to save economise and invest like a trustee

C. Is not under the same obligation to save, economise or invest as an agent or trustee, so long as he spends the income for the purposes of the family

D. Both (A) and (B)

Answer: Option C

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