What happens if a foul is committed on a shooting player?

Answer 1

Then there would just be a personal foul and the team that got fouled would keep possession.

Answer 2

It is called a shooting foul when a defender contacts a player in the act of shooting.

Answer 3

You are allowed to block someones shot while making contact with the other players hand as long as you hit the ball first. This would be determind a blocked shot and no shooting foul.