Question

Registration of A Limited liability partnership firm is
1 compulsory
2 necessary
3 necessary but not compulsory
4 none of the above​

Answer 1

Answer:

compulsory

Explanation:

It is a genral partnership where the members have unlimited and joint liabality.Hence,registration of genral partnership is not compulsory.

Limited liabality partnership is the partnership in which only one member have unlimited liablity while othe may have limited.Hence,registration of the limited liability partnership is compulsory.