Question

6. Partnership does not require registration, still partners prefer to get it registered. Why?

Answer 1

partnership needs a mutual belief regarding ideology or investment..
thus partners attain it through a registration..


HOPE IT HELPS

Answer 2

Because if a firm is not registered then it has no existence in the eyes of law. So, if there is any dilute occurs in the firm either internal or external, the court will deny the existence of the firm.