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What is the primary reason for not using words like "Crown," "Emperor," or "Empire" in a partnership's name?
  • a)
    To avoid confusion with other firms
  • b)
    To ensure approval from the government
  • c)
    To maintain the firm's reputation
  • d)
    To prevent misleading advertisements
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What is the primary reason for not using words like "Crown,"...
Using words like "Crown," "Emperor," or "Empire" in a partnership's name can lead to confusion with other existing firms and may injure the reputation or goodwill of the firm. Therefore, it's important to avoid such words to prevent confusion in the market.
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What is the primary reason for not using words like "Crown," "Emperor," or "Empire" in a partnership's name?a)To avoid confusion with other firmsb)To ensure approval from the governmentc)To maintain the firm's reputationd)To prevent misleading advertisementsCorrect answer is option 'A'. Can you explain this answer?
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What is the primary reason for not using words like "Crown," "Emperor," or "Empire" in a partnership's name?a)To avoid confusion with other firmsb)To ensure approval from the governmentc)To maintain the firm's reputationd)To prevent misleading advertisementsCorrect answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the primary reason for not using words like "Crown," "Emperor," or "Empire" in a partnership's name?a)To avoid confusion with other firmsb)To ensure approval from the governmentc)To maintain the firm's reputationd)To prevent misleading advertisementsCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary reason for not using words like "Crown," "Emperor," or "Empire" in a partnership's name?a)To avoid confusion with other firmsb)To ensure approval from the governmentc)To maintain the firm's reputationd)To prevent misleading advertisementsCorrect answer is option 'A'. Can you explain this answer?.
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