Practice question
Siblings inherit an apartment building and divide its rental proceeds. No partnership undertaking or contribution agreement is established beyond co-ownership. Does co-ownership alone establish a partnership?
- Yes, every inheritance creates a partnership
- Yes, kinship supplies every element
- Yes, any rental receipt is conclusive
- Yes, regardless of the parties' arrangement
- No, co-ownership alone is insufficient under Article 1769
Legal references
- Civil Code, Article 1769(2): https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
Answer this question in flashcards to review your response and continue practicing.