Philippine Bar review · Question

Practice question: Dissolution and Winding Up

Multiple Choice Easy

Practice question

Under Article1839, partnership assets for settlement include partnership property and what other category?
  1. Partner contributions necessary to pay the specified liabilities
  2. Only future profits from an unrelated company
  3. Only the managing partner salary
  4. Every relative personal property automatically
  5. No other category

Legal references

  • Civil Code RA386: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html Articles1830(4),1831 and1839.

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