Philippine Bar review · Topic

Obligations of Partners to Third Persons

Explore Obligations of Partners to Third Persons in Rights and Obligations for the Philippine Bar. Browse subtopics and published practice questions, then…

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Practice questions

  1. Under Article 1816, ordinary authorized partnership contractual liability of partners is generally what?
  2. Does Article 1816 expressly include industrial partners in liability to partnership contract creditors?
  3. Article 1824 makes all partners solidarily liable with the partnership for what?
  4. The partners agree internally that one partner will bear no Article 1816 liability. A third-party creditor did not cons…
  5. A partner acts in the usual way of the firm's business, but actually lacks authority for that transaction. The counterp…
  6. A partnership contract was validly made in the firm's name and account by an authorized partner. The firm cannot pay af…
  7. A partner's wrongful act in the ordinary course injures a nonpartner, satisfying Article 1822. An innocent co-partner a…
  8. Distinguish Articles 1816 and 1824 regarding partner liability to outsiders.
  9. Explain why an internal exemption for a partner does not necessarily bind a third-party partnership creditor.
  10. State Article 1818's usual-business agency rule and its relevant limits.
  11. Under Article 1826, what is the default source satisfying an incoming partner’s liability for pre-admission obligations?
  12. Under Article 1827, who has preference regarding partnership property?