Practice question
Three architects agree to contribute capital and professional work to a common practice and share its profits, subject to professional-law requirements. One later claims no partnership can exist because professional practice is categorically outside Article 1767. Which is best?
- The Code expressly permits two or more persons to form a partnership for the exercise of a profession
- Professional partnerships are categorically forbidden by Article 1767
- Only merchants may ever form partnerships
- The firm must become a government agency
- Every architect automatically loses professional obligations
Legal references
- Civil Code, Article 1767: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
Answer this question in flashcards to review your response and continue practicing.