Write down the advantages of registration of firm
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Explanation:
Registration of a partnership firm comes with the following advantages:
#The firm can sue third parties to enforce its claim.
#A partner can enforce his claim against third parties or against his co-partner.
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Answer:
The major advantage of registration is that a partner of registered partnership can sue the co-partners and as well as the firm in case of dispute.
The registered firm can also sue third parties as well as any of its partners in its own name to enforce its claim.
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