Philippine Bar review · Topic

Obligations of Partnership

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Practice questions

  1. Which exception is expressly identified in Article 1821?
  2. A partner acting on a firm matter has relevant knowledge present to her mind, though she originally learned it earlier.…
  3. Another partner has relevant knowledge that reasonably could and should have been communicated to the acting partner. N…
  4. A partner makes an authorized admission about partnership affairs. Opposing counsel calls Article 1820 an automatic con…
  5. A dishonest partner commits a fraud on the partnership and possesses information used in that fraud. A claimant says th…
  6. Explain the knowledge categories in Article 1821 without limiting firm knowledge to facts learned by the acting partner…
  7. Distinguish an admission as evidence under Article 1820 from a final adjudication of the partnership’s liability.
  8. Why must a knowledge-imputation analysis consider the fraud-on-the-partnership exception?