Multiple choice

Registration of firm is

  1. compulsory

  2. optional

  3. occassional

  4. Both (2) and (3)

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Option (2) is correct: Registration of firm is not compulsory, but in case a firm is not registered, it cannot avail the benefits provided under registration.