Multiple choice

Which of the following is not an effect of non-registration of a firm?

  1. No suit by partner against firm to enforce his rights.

  2. No suit against any other partner.

  3. No suit by firm against third party.

  4. No set off of claim up to Rs. 100.

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

The suit exceeding Rs.100 can't be set off by the firm. All others are consequences of non-registration of firm.