A: The hand is not considered part of the ball. This is an outdated philosophy. According to FIBA rules:
34.1.1 A personal foul is a player’s illegal contact with an opponent, whether the ball is live or dead. A player shall not hold, block, push, charge, trip or impede the progress of an opponent by extending his hand, arm, elbow, shoulder, hip, leg, knee or foot, nor by bending his body into an 'abnormal' position (outside his cylinder), nor shall he indulge in any rough or violent play.
There is no exclusion for hand to hand contact when the offensive player's hand is in contact with the ball. In fact, a couple of years ago, FIBA introduced a new signal to cover this infraction called "Illegal Contact to the Hand." See page 65 in the FIBA rulebook.