Practice question
A partnership dissolves while a partner has an existing partnership liability. The partner argues that dissolution alone discharged it. What does Article 1835 provide?
- Dissolution does not of itself discharge a partner's existing liability.
- Dissolution always erases every partner's liability.
- Only the partner's personal announcement is needed to release all creditor claims.
- Every debt automatically becomes a gift.
- A liability disappears if it is omitted from a private accounting.
Legal references
- Civil Code, RA 386, Articles 1828–1837, https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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