Question

Identify the incorrect statement.

• A. Application for registration of firm must be signed by all the partners.
• B. A third party cannot file a suit against un-registered firm.
• C. The registration of a firm is a condition precedent to the right to institute a suit.
• D. If a partner refuses to sign the application for registration, then the registration can be done only by dropping the name of such a partner from the firm.

Answer 1

The Correct Option is B

The correct option is (B):A third party cannot file a suit against un-registered firm.