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Which right is NOT affected by non-registration of a firm?
AThe partners' right to claim set-off above Rs 100
BThe firm's right to enforce a contract against outsiders
CThe firm's right to sue a third party
DThe right of a third party to sue the firm
Answer & Solution
Correct answer: D. The right of a third party to sue the firm
Non-registration does not bar a third party from suing the firm, nor the right to sue for dissolution/accounts of a dissolved firm, or a claim up to Rs 100.
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