Practice question
A creditor receives installments of a genuine debt from a business's profits. Another person receives profit-based installments as the price of goodwill sold to the business. No other partnership facts are established. Apply Article 1769 and explain the significance of the payments' legal basis.
Legal references
- Civil Code, RA 386, Articles 1767 and 1769, https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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