CA CPT Model Test Paper 13 with solutions for online practice

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Question : 99 of 200

Marks: +1, -0

Though the registration of a firm is optional, yet indirectly it becomes necessary due to the that:

A firm can deal with third parties only on registration
A firm legally comes into existence only on registration
The disabilities due to non-registration are removed only on registration
Both (a) and (b)

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