MCQ - Registration and Dissolution of firm - 1 | Business Laws for CA Foundation PDF Download

 Page 1


CPT MERCANTILE LAW 
CHAPTER -3 THE INDIAN PARTNERSHIP ACT ,1932 
 
CA. DIPTI LUNAWAT 
Registration and Dissolution of a Firm  
 Unit 3 Part [1/4] 
Page 2


CPT MERCANTILE LAW 
CHAPTER -3 THE INDIAN PARTNERSHIP ACT ,1932 
 
CA. DIPTI LUNAWAT 
Registration and Dissolution of a Firm  
 Unit 3 Part [1/4] 
Questions 
Questions  On  Modes of 
Registration & Effects of 
Non- Registration 
Page 3


CPT MERCANTILE LAW 
CHAPTER -3 THE INDIAN PARTNERSHIP ACT ,1932 
 
CA. DIPTI LUNAWAT 
Registration and Dissolution of a Firm  
 Unit 3 Part [1/4] 
Questions 
Questions  On  Modes of 
Registration & Effects of 
Non- Registration 
Question No.1 
Though the registration of a firm is optional, yet 
indirectly it becomes necessary due to the reason that. 
A] A firm legally comes into existence only on registration. 
B] A firm can deal with third parties only on registration. 
C] The disabilities due to non-registration are removed only on registration. 
D] Both (A) and (B)  
Ans C 
Page 4


CPT MERCANTILE LAW 
CHAPTER -3 THE INDIAN PARTNERSHIP ACT ,1932 
 
CA. DIPTI LUNAWAT 
Registration and Dissolution of a Firm  
 Unit 3 Part [1/4] 
Questions 
Questions  On  Modes of 
Registration & Effects of 
Non- Registration 
Question No.1 
Though the registration of a firm is optional, yet 
indirectly it becomes necessary due to the reason that. 
A] A firm legally comes into existence only on registration. 
B] A firm can deal with third parties only on registration. 
C] The disabilities due to non-registration are removed only on registration. 
D] Both (A) and (B)  
Ans C 
Question No.2 
The prescribed application form for registration of the 
firm should be deposited with the Registrar  of Firms 
of that area. 
A] Which is convenient for partners. 
B] In which the working partner of the firm resides. 
C] In which any place of business of firm is situated or proposed to be  situated. 
D] Which is agreed by all the partners for the purposes of registration.  
Ans C 
Page 5


CPT MERCANTILE LAW 
CHAPTER -3 THE INDIAN PARTNERSHIP ACT ,1932 
 
CA. DIPTI LUNAWAT 
Registration and Dissolution of a Firm  
 Unit 3 Part [1/4] 
Questions 
Questions  On  Modes of 
Registration & Effects of 
Non- Registration 
Question No.1 
Though the registration of a firm is optional, yet 
indirectly it becomes necessary due to the reason that. 
A] A firm legally comes into existence only on registration. 
B] A firm can deal with third parties only on registration. 
C] The disabilities due to non-registration are removed only on registration. 
D] Both (A) and (B)  
Ans C 
Question No.2 
The prescribed application form for registration of the 
firm should be deposited with the Registrar  of Firms 
of that area. 
A] Which is convenient for partners. 
B] In which the working partner of the firm resides. 
C] In which any place of business of firm is situated or proposed to be  situated. 
D] Which is agreed by all the partners for the purposes of registration.  
Ans C 
Question No.3 
Which of the following statement, about the 
registration of a firm is incorrect 
A] It may be effected before filing a suit against third party. 
B] It may be effected at any time after its formation. 
C] It may be effected at the time of its formation 
D] It must be effected at the time of its formation. 
Ans D