Practice question
In a universal partnership of profits, a partner owned an apartment before the contract. Under Article 1780, what generally passes to the partnership from that existing asset?
- Ownership necessarily transfers permanently
- The building becomes ownerless
- Nothing can ever pass
- Every future inheritance transfers too
- Its usufruct, while ownership remains with that partner
Legal references
- https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html — Civil Code, Articles 1776–1783
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