Question

The consequences of non-registration of a firm are ______________.

• A. a partner of an unregistered firm cannot file a suit against the firm or other partners,
• B. the firm cannot file a suit against third parties
• C. the firm cannot file a case against the partners
• D. all of the above

Answer 1

Answer: (D)

all of the above

The concept of registration means the process of incorporation of any firm and the consequences of non-registration of a firm are:

1. A non-registered firm does not have all the rights of a registered firm.

2.The firm cannot file a suit against third parties

3. The firm cannot file a case against the partners

4. A partner of an unregistered firm cannot file a suit against the firm or other partners.

All the above options are correct.