Vidyalelo
Commerce · Q252

Business and Commerce

Graduate and Post Graduate · Commerce · question 252

Q252

Registration of a partnership is ____________.

A.
compulsory
B.
voluntary
Answer
C.
statutory
D.
mandatory

Answer: Option B

Solution

Answer: Option B
Solution:
Registration of a partnership is voluntary. In India, there is no need to register a partnership deed. This is the short answer, as specified under part VII of the Indian Partnership Act, 1932.