Practice question
A dishonest partner commits a fraud on the partnership and possesses information used in that fraud. A claimant says the ordinary imputation sentence categorically has no exception for fraud against the firm. Which is best?
- No exception appears in the statute
- Article 1821 expressly requires examining its fraud-on-the-partnership exception
- Every fraud against the firm automatically proves all other partners consented
- The dishonest partner becomes the court
- Only the amount stolen determines whether the text exists
Legal references
- Civil Code, RA 386: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/53360; Articles 1820-1821.
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