Highlight the consequences of Non Registration of a Partnership Form of Business Organization.

      

Highlight the consequences of Non Registration of a Partnership Form of Business Organization.

  

Answers


sharon
1.It cannot enforce its claims against a third party in a court of law
2.It cannot file legal suits against any of its partners
3.Partners of an unregistered firm cannot file any suit to enforce a right against the firm
4.A partner of an unregistered firm cannot file a suit against other partners.

sharon kalunda answered the question on April 12, 2019 at 12:54


Next: Outline the types of members in a partnership.
Previous: Highlight the factors that are NOT affected by Non Registration of a Partnership Form of Business Organization.

View More CPA Commercial Law Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions