Question

3. Arrange the following steps of
registration of a Partnership business:
a. Verification of documents.
b. Entering the name of the firm in register
of firms.
c. Submission of application in prescribed
form.
d. Issue of Certificate of registration.
a, b, c, d
O a, c, b, d
O c, a, d, b
O c, a, b, d​

Answer 1

Answer:

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Answer 2

c,a,b,d is the correct option.

Explanation:

Option (d) i.e. c,a,b,d is the correct option because the steps of registration of a Partnership business in sequence are:

i) Submission of application in prescribed form

ii) Verification of documents

iii) Entering the name of the firm in register of firms

iv) Issue of Certificate of registration.

A partnership business consists of two or more people with resources to forming a business entity and agreeing to share risks, profits or losses, whatever the case may be. Most common partnership business examples are law firms, real estate investment firms, physician groups, and accounting groups.