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Domingo-Par-Cor-Partnership-Mcq Partnership Answerkey

The document appears to be a collection of notes or excerpts related to partnership law, focusing on various legal principles such as equitable interest, fiduciary duties, and the requirements for valid partnerships. It discusses the implications of contributions, the necessity of unanimous consent for administration, and the conditions under which a partnership may be dissolved. The content is fragmented and lacks coherent structure, suggesting it may be intended for study or reference purposes.

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0% found this document useful (0 votes)
1K views30 pages

Domingo-Par-Cor-Partnership-Mcq Partnership Answerkey

The document appears to be a collection of notes or excerpts related to partnership law, focusing on various legal principles such as equitable interest, fiduciary duties, and the requirements for valid partnerships. It discusses the implications of contributions, the necessity of unanimous consent for administration, and the conditions under which a partnership may be dissolved. The content is fragmented and lacks coherent structure, suggesting it may be intended for study or reference purposes.

Uploaded by

Ronald Allan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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lOMoARcPSD|38967845

Domingo Par Cor - Partnership MCQ

Accountancy (Notre Dame of Marbel University)

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I
I

Yunership
F

the effectwill only be conveyance ofequitable interest, nott heTitle itself

T
limmorable) Imovable)

eventreceipt
-

by a
personthe
- evidence
when
-
except profit drawn in
paymentofdebt, wage, annuity, interest, sale
of goodwill
I

F
still liable andhas juridical personality. Justde facto

I
prima facie

F
(baliktad)
-> better to effectpartnership
F as to 3rd persons

I
Doctrine of Delects Personae a fiduciary
nature
I
(should be in good
faith)
F
contribution
unless it was used as instrumenttool to
do the crime
T

public
F

profits
T
(Art. 1782)

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F
even if

each partner aspires to procure for himself a benefit throng the giving something
of

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void

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void
execution of the contract
F I not just agreement)
F

debtor
F

I
I

F
I
different

F
he retains his right (interestmeans share in and
profit
surplus only)

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F
administration
F

requires consentof all others


F
-

all (unanimous]
F

under
its signature by
and a person authorized to actfor the
partnership.

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?
0

in
->
under
Doctrine ofAgencyevenifnotauthorizedbut,atit
O

-active, known, regardless on interest


notactive, known, joinedfor profits
not only

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partners
O -

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Frand
againststatute
of

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&

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&

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??

⑧ -

0 under justcircumstances

0 ?

~not yet because X is still solvent


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a, b, d all merits automatic dissolution

dissolvedif
0 -
says
court so

Art. 1833

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F
I

F
F

F
I
F
I

T
I

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&

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&

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0
-

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~ excpt
I

10
4

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