Practice question
In a universal partnership of all present property, what happens to property belonging to the partners when the partnership is constituted?
- It automatically belongs to the largest creditor
- It becomes property of every family member
- It becomes common property under Article 1778
- It is automatically donated to the State
- Only its name changes
Legal references
- Civil Code, RA 386: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/53360; Articles 1778,1780,1783.
Answer this question in flashcards to review your response and continue practicing.