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State one consequence of non-registration of a partnership firm. - Business Studies

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Question

State one consequence of non-registration of a partnership firm.

Very Short Answer
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Solution

An unregistered firm cannot sue third parties.

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Chapter 17: Various Business Entities - EXERCISES [Page 255]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 17 Various Business Entities
EXERCISES | Q I. C. 11. | Page 255
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