Practice question
A deceased partner’s widow receives a genuine annuity measured by business profits. No contribution agreement, holding out or other partnership evidence exists. A creditor relies solely on the annuity. Which is correct?
- The annuity falls within the express Article 1769 exception to the profit-receipt inference.
- Every widow automatically becomes a partner
- The payment conclusively creates partnership liability
- The annuity makes all family members partners
- The source of the payment never matters
Legal references
- Civil Code, RA 386, Articles 1767-1775: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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